HB473
Income tax, state; employer retention credit.
Summary
As Introduced. Income tax; interest; employer retention credit.
Provides authority to the Tax Commissioner to waive interest on taxpayers that received a federal employer retention tax credit. Such waiver shall only be permissible if the taxpayer was eligible for and received the federal tax credit, filed an amended return, and was found to have an additional tax liability ... (More) due to the reduction in deductible wages that resulted from claiming the credit. (Less)-
Bill History
- 01/08/2024 - House: Prefiled and ordered printed; offered 01/10/24 24100441D
- 01/08/2024 - House: Referred to Committee on Finance
- 01/18/2024 - House: Assigned Finance sub: Subcommittee #1
- 01/20/2024 - House: Impact statement from TAX (HB473)
- 01/22/2024 - House: House subcommittee amendments and substitutes offered
- 02/13/2024 - House: Left in Finance