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2013 SESSION

• | print version

HB 1462 Land preservation tax credit; assessments of additional tax.

Introduced by: Michael J. Webert | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Land preservation tax credit; assessments of additional tax. Provides that any additional tax or penalty relating to the claiming of a land preservation tax credit be assessed by the Department of Taxation within one year of the filing date of the income tax return on which the credit was claimed. The bill provides that no court action could be undertaken after the expiration of the one-year period for the collection of any such additional tax that was not assessed during the one-year period. The bill would only apply to land preservation tax credits issued by the Department of Taxation beginning January 1, 2013.

FULL TEXT

• 12/27/12  House: Prefiled and ordered printed; offered 01/09/13 13102103D  pdf | impact statement

HISTORY

• 12/27/12  House: Prefiled and ordered printed; offered 01/09/13 13102103D
• 12/27/12  House: Referred to Committee on Finance
• 01/14/13  House: Assigned Finance sub: #3
• 01/18/13  House: Subcommittee recommends laying on the table (5-Y 0-N)
• 02/05/13  House: Left in Finance