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SB 0072 -	Reduce Interest on Tax Refunds and Past Due Taxes
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Tracking Level:

Neutral

Sponsor:

Stone, Jesse 23rd

Last Action:

2/27/2013 - House - House Second Readers

State Code Titles:

Senate Committee:

FIN

House Committee:

W&M

Assigned To:

Staff Analysis of the Legislation
This legislation reduces from 1 percent per month to 7 percent per annum the rate of interest owed by the government to a taxpayer on refunds and the rate of interest owed by the taxpayer to the government on past due taxes.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text