Taxpayer Relief Fund; issuing income tax refunds to certain taxpayers from Fund. (HB607)
Introduced By
Del. Jason Miyares (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Issuing income tax refunds to certain taxpayers from the Taxpayer Relief Fund. Directs the Department of Taxation to issue income tax refunds of $110 for an individual or $220 for married persons filing a joint return to taxpayers who lawfully obtained an extension for filing their tax return and as a result were ineligible to receive a similar refund issued pursuant to legislation enacted during the 2019 Session of the General Assembly. The refund issued under the 2019 legislation was available only to taxpayers who filed prior to July 1, 2019. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/06/2020 | Committee |
| 01/06/2020 | Prefiled and ordered printed; offered 01/08/20 20101188D |
| 01/06/2020 | Referred to Committee on Finance |
| 01/14/2020 | Impact statement from TAX (HB607) |
| 01/23/2020 | Assigned Finance sub: Subcommittee #1 |
| 01/27/2020 | Subcommittee recommends reporting with amendment (5-Y 2-N) |
| 01/27/2020 | Subcommittee recommends referring to Committee on Appropriations |
| 01/29/2020 | Tabled in Finance (12-Y 9-N) (see vote tally) |
Comments
If they give $220 to EVERY household 3,200,000 that would use less than 1/2 of the 1.6 billion surplus both parties are touting.
Why not?
This is only fair. Do the full refund, the people know better what do with their money.
This is such a no-brainer. It helps to rectify the unfairness done to taxpayers. It can be a model for other states balking on tax relief.
It is time to give back some of this excess revenue to the taxpayers!
The ethical & appropriate action to take is to refund the surplus tax $$ to the taxpayers. Spending the money on other things such as employee bonus pay, slush funds, travel, seems dishonest at best.