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HB 0847 - Interest Paid on Past Due Taxes
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Tracking Level: Oppose
Sponsor: Rich Golick
Last Action: 1/28/2014 - House Second Readers
House Committee: W&M
Assigned To:
Business and Occupation TaxNext Bill
Clint MuellerNext Bill
Insurance Premium TaxNext Bill
Property TaxNext Bill
Sales Tax-LocalNext Bill

Staff Analysis of the Legislation
This bill lowers the rate of interest due on taxes owed to the state or to any local taxing jurisdiction from 1 percent per month (12 percent per year) to only three percent per year (.25 percent per month).

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






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