SB 1343

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 13, 2025
  • Senate
  • House
  • Governor

Tax administration; award for tax underpayment detection assistance.

Abstract

Tax administration; award for tax underpayment detection assistance. Authorizes the Tax Commissioner to award monetary compensation to individuals who provide information that assists the Department of Taxation in the successful collection of delinquent state taxes owed by other individual or business taxpayers. The bill provides that such awards may be given only if (i) the underpaying individual taxpayer's gross income exceeds $100,000 or the underpaying business taxpayer's gross income exceeds $500,000 and (ii) the amount in question exceeds $50,000.

A BILL to amend the Code of Virginia by adding a section numbered 58.1-1803.1, relating to tax administration; award for tax underpayment detection assistance.

Bill Sponsors (1)

Votes


Actions


Jan 21, 2025

Senate

Passed by indefinitely in Finance and Appropriations with letter (15-Y 0-N)

Jan 20, 2025

Senate

Impact statement from TAX (SB1343)

Jan 13, 2025

Senate

Prefiled and ordered printed; Offered 01-13-2025 25100141D

Senate

Referred to Committee on Finance and Appropriations

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
Impact statement from TAX (SB1343) PDF

Sources

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