2011 Regular Session

HOUSE BILL 218

File Code: Taxes - Miscellaneous Prior Year Introduction As: SB 745/09 - B&T
Sponsored By:
Delegate Cardin
Entitled:
Interest Rate on Tax Deficiencies and Refunds

Synopsis:

Altering the calculation of the interest rate on tax deficiencies and refunds to 2 percentage points above a specified underpayment rate established under the Internal Revenue Code; providing that the interest rate may not be less than specified rates for 2012, 2013, 2014, and 2015; repealing a requirement that the Comptroller annually set the interest rate; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
1/28
First Reading Ways and Means
2/2
Hearing 2/16 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Comptroller
Interest
Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.

Bill affects the following Statute:

Tax - General
( 13-604 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered