Legislation

Title: Tax Procedure - Assessments, Penalties, and Interest Rate on Tax Deficiencies and Refunds
Sponsored by: Delegate Rosenberg
Status: In the House - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Altering the contents of the report of federal adjustment a person shall submit to a tax collector under specified circumstances; altering the calculation of the interest rate on tax deficiencies and refunds to provide that the rate is one-twelfth of the underpayment rate then in effect under § 6621 of the Internal Revenue Code; requiring the Comptroller to assess, in addition to specified penalties, a penalty against a person subject to a penalty under § 6662 of the Internal Revenue Code; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): January 1, 2017

History

Legislation History
Chamber House Calendar Date 2/05/2016 Legislative Date 2/08/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 3/04 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/29/2016 Legislative Date 3/30/2016 Action Unfavorable Report by Ways and Means; Withdrawn Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/05/2016	2/08/2016	First Reading Ways and Means
House	2/10/2016	2/10/2016	Hearing 3/04 at 1:00 p.m.
House	3/29/2016	3/30/2016	Unfavorable Report by Ways and Means; Withdrawn

Documents

Date Posted	Document Name
2/09/2016	Text - First - Tax Procedure - Assessments, Penalties, and Interest Rate on Tax Deficiencies and Refunds
3/30/2016	Vote - House - Committee - Ways and Means

File Code

Subjects

Statutes