2013 Regular Session



Interest Rate on Tax Deficiencies and Refunds

Sponsored by:

Senator Kasemeyer


In the Senate - Hearing 2/06 at 1:00 p.m.

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 2014 through 2017; repealing a requirement that the Comptroller annually set the interest rate; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Kasemeyer
Additional Facts:Cross-filed with: HB0208
Bill File Type: Regular
Effective Date(s): January 1, 2014
Budget and Taxation  Listen to Committee Hearing
Broad Subject(s):Taxes - Miscellaneous
Narrow Subject(s):Comptroller
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Tax - General

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October 24, 2017 1:07 P.M.