HB 473 Virginia House of Delegates · 2024 Regular Session

Income tax, state; employer retention credit.

Summary
Income tax; interest; employer retention credit. Provides authority to the Tax Commissioner to waive interest on taxpayersthat received a federal employer retention tax credit. Such waivershall only be permissible if the taxpayer was eligible for and received the federal tax credit, filed an amended return, and was found tohave an additional tax liability due to the reduction in deductiblewages that resulted from claiming the credit.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2024 Last action Feb 13, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
3
Jan 22, 2024
Lower · Passed
House subcommittee amendments and substitutes offered
lower
Jan 18, 2024
Committee
Assigned Finance sub: Subcommittee #1
lower
Jan 8, 2024
Committee
Referred to Committee on Finance
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Carrie Coyner
Carrie Coyner
RRepublican
VA
75