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2001 SESSION

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SB 1038 Collection of local taxes.

Introduced by: Kenneth W. Stolle | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Collection of local taxes. Permits treasurers or other local officers performing the duties of a treasurer to place padlocks on the doors of a business if the business is (i) more than 120 days delinquent in the payment of any tax on tangible personal property, merchants' capital tax, or any business license tax or fee or (ii) more than 60 days delinquent in the reporting or remittance of any local excise tax collected by the business from another party and held in trust for the locality. Padlocks may also be placed on the doors of a business if a summons or warrant has been issued for the business' failure to (a) obtain a license to engage in its business, employment or profession or (b) report or remit any local excise tax. The treasurer must provide at least seven days' notice before padlocking any business. In lieu of paying the delinquent tax liability and avoiding padlocking, an enterprise may post bond in an amount equaling the amount of the delinquent tax liability. However, no bond is required if an appeal is properly filed under Subdivision A.5. of § 58.1-3703.1 or § 58.1-3983.1. If a business posts such bond, padlocks may not be placed on the doors of such business during the pendency of any appeal of the delinquent tax liability.


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