VA HB1447 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 18 2024 - 25% progression
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Pass-through entity tax; penalty waiver. Directs the Department of Taxation to waive penalties imposed on any pass-through entity paying the pass-through entity income tax for taxable years beginning on and after January 1, 2021, but before January 1, 2024. The waiver shall not apply to any penalty imposed due to a false or fraudulent action by the taxpayer with the intention of evading the tax.

Tracking Information

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Title

Pass-through entity tax; penalty waiver.

Sponsors


Roll Calls

2024-02-05 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-02-13HouseLeft in Finance
2024-02-05HouseSubcommittee recommends striking from docket (8-Y 0-N)
2024-02-02HouseAssigned Finance sub: Subcommittee #1
2024-01-18HouseReferred to Committee on Finance
2024-01-18HousePresented and ordered printed 24104635D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581390.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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