2005 Regular Session

HOUSE BILL 202

File Code: Taxes - Income Crossfiled with: SENATE BILL 56
Sponsored By:
Delegates Hixson, Bozman, Healey, Howard, Marriott, and Patterson
Entitled:
Income Tax - Nonresidents - Withholding from Payments and Taxation of Pass-Through Income

Synopsis:

Altering the rate of a tax imposed on specified entities with respect to a nonresident's share of the entity's taxable income, the rate of required withholding from specified payments to nonresident payees, and a rate used to calculate specified payments required before a deed or other instrument of writing may be recorded under specified circumstances, to reflect the rate of a specified tax that is imposed on specified individuals who are not subject to a county income tax; applying the Act to tax years after 2004; etc.

History by Legislative Date

House Action
1/24
First Reading Ways and Means
2/2
Hearing 2/16 at 1:00 p.m.
2/9
Hearing cancelled
Hearing 2/23 at 1:00 p.m.
2/16
Hearing cancelled
2/23
Hearing 3/9 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20
Delegate K. Bennett Bozman, District 38B
Delegate Anne Healey, District 22
Delegate Carolyn J. B. Howard, District 24
Delegate Salima Siler Marriott, District 40
Delegate Obie Patterson, District 26

Bill indexed under the following Subjects:

CORPORATIONS -see also- MUNICIPAL CORPORATIONS
DEEDS
GAMING -see also- BINGO; LOTTERY; RAFFLES
INCOME TAX
LIMITED LIABILITY COMPANIES
NONRESIDENTS -see also- ALIENS
PARTNERSHIPS
REAL PROPERTY
RECORDATION
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

Bill affects the following Statutes:

Tax - General
( 10-102.1 , 10-106.1 , 10-908 , 10-912 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered