Income tax, state; amended return notice, interest accrual period. (HB1220)

Introduced By

Del. Kathy Tran (D-Springfield)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


State income tax; amended return notice; interest accrual period. Provides that if the Department of Taxation is made aware that a taxpayer is required to file an amended federal income tax return, the Department would be required to notify such taxpayer in writing regarding whether an amended Virginia income tax return is also required to be filed. This requirement would apply with respect to taxpayers subject to the individual income tax, corporate income tax, and the income tax imposed on estates and trusts. This bill would give the Department the discretion to waive interest due on an underpayment of income taxes or the pass-through entity nonresident withholding tax if a return was submitted in good faith and the understatement of the amount in the return was not due to any fault of the taxpayer. Under current law, the Department is required to waive any applicable penalties in this situation, but does not have the authority to waive interest. Read the Bill »


02/26/2020: Passed the Senate


01/07/2020Prefiled and ordered printed; offered 01/08/20 20104276D
01/07/2020Referred to Committee on Finance
01/23/2020Assigned Finance sub: Subcommittee #1
01/26/2020Impact statement from TAX (HB1220)
02/03/2020House subcommittee amendments and substitutes offered
02/03/2020Subcommittee recommends reporting with substitute (9-Y 1-N)
02/04/2020Impact statement from TAX (HB1220)
02/05/2020Committee substitute printed 20106760D-H1
02/05/2020Reported from Finance with substitute (17-Y 4-N) (see vote tally)
02/06/2020Read first time
02/07/2020Read second time
02/07/2020Committee substitute agreed to 20106760D-H1
02/07/2020Engrossed by House - committee substitute HB1220H1
02/10/2020Read third time and passed House (85-Y 12-N)
02/10/2020VOTE: Passage (85-Y 12-N) (see vote tally)
02/11/2020Constitutional reading dispensed
02/11/2020Referred to Committee on Finance and Appropriations
02/14/2020Impact statement from TAX (HB1220H1)
02/25/2020Reported from Finance and Appropriations with substitute (16-Y 0-N) (see vote tally)
02/25/2020Committee substitute printed 20108938D-S1
02/26/2020VOTE: Adoption (0-Y 94-N) (see vote tally)
02/26/2020Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/26/2020Read third time
02/26/2020Reading of substitute waived
02/26/2020Committee substitute agreed to 20108938D-S1
02/26/2020Engrossed by Senate - committee substitute HB1220S1
02/26/2020Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/26/2020Senate substitute rejected by House 20108938D-S1 (0-Y 94-N)
02/26/2020VOTE: REJECTED (0-Y 94-N) (see vote tally)
02/26/2020Senate insisted on amendments (40-Y 0-N) (see vote tally)
02/26/2020Senate requested conference committee
02/27/2020House acceded to request
02/27/2020Conferees appointed by House
02/27/2020Delegates: Tran, Watts, Bloxom
02/27/2020Conferees appointed by Senate
02/27/2020Senators: Locke, Petersen, Vogel
03/12/2020No further action taken
03/12/2020Failed to pass in House


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 55 seconds.