2010 Regular Session

HOUSE BILL 244

File Code: Taxes - Miscellaneous Prior Year Introduction As: HB 1209/09 - W&M
Sponsored By:
Delegates Hixson, Ivey, Kaiser, Rice, Ross, Stukes, and F. Turner
Entitled:
Tax Compliance and Administration Act of 2010

Synopsis:

Altering an exception for banks to an income tax addition modification for specified payments to related persons; requiring a resident transferor of real property to pay specified amounts before recording a deed under specified circumstances; repealing the sales tax vendor collection credit; requiring specified vendors to pay estimated sales and use tax; reducing from $10,000 to $5,000 the threshold for requiring payment of taxes by electronic funds transfer; requiring specified employers to file an annual use tax return; 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
1/25
First Reading Ways and Means
1/27
Hearing 2/11 at 1:00 p.m.
2/12
Hearing cancelled
Hearing 2/25 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Sheila E. Hixson, District 20
Delegate Jolene Ivey, District 47
Delegate Anne R. Kaiser, District 14
Delegate Craig L. Rice, District 15
Delegate Justin D. Ross, District 22
Delegate Melvin L. Stukes, District 44
Delegate Frank S. Turner, District 13

Bill indexed under the following Subjects:

Banks and Trust Companies
Cigarettes -see also- Smoking
Comptroller
Electronic Funds Transfer
Exemptions
Financial Institutions -see also- Banks; Credit Unions; etc.
Income Tax
Interest
Penalties and Sentences -see also- Death Penalty
Real Property
Recordation
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Salaries -see also- Overtime; Reimbursement Rates
Sales and Use Tax
State Employees
Tax Credits -see also- Circuit Breaker
Tobacco
Transfer Tax
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statutes:

Tax - General
( 10-306.1 , 10-306.1 , 10-306.1 , 10-912 , 10-912 , 11-105 , 11-221 , 11-501 , 11-502 , 11-601 , 11-601 , 12-105 , 13-104 , 13-602.1 , 13-702.1 , 13-930 )

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