Tax credits; creates vested interest. (HB1694)

Introduced By

Del. Matt Fariss (R-Rustburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Tax credits; vested interest. Creates a vested interest when a taxpayer claims a tax credit, including an interest in any conditions placed upon the credit, and prohibits alteration of such interest by a subsequent action of the General Assembly. The provisions of the act are retroactive but shall not be construed to extend the time during which a taxpayer may file an amended tax return. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/17/2020Committee
01/17/2020Presented and ordered printed 20103982D
01/17/2020Referred to Committee on Finance
01/23/2020Assigned Finance sub: Subcommittee #1
01/24/2020Impact statement from TAX (HB1694)
02/03/2020Subcommittee failed to recommend reporting (4-Y 6-N)
02/11/2020Left in Finance

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