Nadarius Clark
- Democratic
- Delegate
- District 84
Primary
Individual income taxes; creation of currently not collectible status. Directs the Department of Taxation to create a form through which taxpayers may file for currently not collectible status and specifies that corporations, partnerships, and limited liability companies shall be ineligible for such status. The bill provides that the Department shall place an applicant into such status upon a finding that the collection of income taxes from such applicant would create or exacerbate an undue hardship for such applicant. Such applicant shall reapply for such status annually. This bill incorporates HB 2667 and has a delayed effective date of July 1, 2026.
A BILL to amend and reenact ยงยง 58.1-351, 58.1-1805, and 58.1-1817 of the Code of Virginia and to amend the Code of Virginia by adding a section numbered 58.1-1802.3, relating to individual income taxes; creation of currently not collectible status.
Passed by indefinitely in Finance and Appropriations with letter (15-Y 0-N)
Impact statement from TAX (HB2549)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (52-Y 47-N)
Finance Substitute agreed to
Engrossed by House - committee substitute
Read second time
Read first time
Committee substitute printed 25105778D-H1
Incorporates HB2667(Taylor)
Reported from Finance with substitute (12-Y 10-N)
Subcommittee recommends reporting with substitute (5-Y 3-N)
Impact statement from TAX (HB2549)
Assigned Finance sub: Subcommittee #2
Referred to Committee on Finance
Prefiled and ordered printed; Offered 01-08-2025 25102759D
| Bill Text Versions | Format |
|---|---|
| Finance Substitute | HTML PDF |
| Finance Subcommittee Substitute | HTML PDF |
| HFIN Sub: Subcommittee #2 Substitute | HTML PDF |
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Impact statement from TAX (HB2549) | PDF PDF |
Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.