1999 Regular Session

HOUSE BILL 428

File Code: Income
Sponsored By:
Delegates Mitchell and Hutchins
Entitled:
Unpaid Taxes - Interest Rate

Synopsis:

Reducing from 13% to 12% the minimum annual interest rate that the Comptroller shall set for taxes owed to the State; and reducing the calculation of the interest rate from 3 to 2 percentage points above the prime rate.

History by Legislative Date

House Action
2/10
First Reading Ways and Means
2/24
Hearing 3/17 at 1:00 p.m.
3/22
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate Van T. Mitchell, District 28
Delegate Thomas E. Hutchins, District 28
Bill indexed under the following Subjects:
COMPTROLLER
INTEREST
REVENUE AND TAXES -see also specific taxes-
Bill affects the following Statute:
Tax - General
( 13-604 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None offered