Legislation
- Title
- Tax Procedure - Interest Rate on Tax Deficiencies and Refunds
- Sponsored by
- Delegate Brooks
- Status
- In the House - Hearing cancelled
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the calculation of the annual interest rate that the Comptroller sets for tax deficiencies and refunds as the lesser of 13% or 3 percentage points above the average prime rate of interest quoted by commercial banks to large businesses during the State's previous fiscal year; etc.
Committees
- Original:
- Ways and Means
Details
Bill File Type: Regular
Effective Date(s): July 1, 2015
History
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Documents
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Date Posted | Document Name |
---|---|
2/13/2015 | Text - First - Tax Procedure - Interest Rate on Tax Deficiencies and Refunds |
File Code
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Subjects
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Statutes
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(
13-604 )
Last Updated: 2/3/2020 2:29 PM