States the act's purpose.
Allows a taxpayer who (1) is a veteran that was provided notice of an amount of improperly withheld severance payments and (2) filed an amended federal individual income tax return to recover the amount improperly withheld, to apply for a refund of the State individual income tax paid on the improperly withheld amount.
Requires the request for a refund to be made on or before October 15, 2022; requests after that date are barred.
COMBAT-INJURED VETERANS TAX FAIRNESS ACT.
|View NCGA Bill Details||2019-2020 Session|
AN ACT TO EXTEND THE TIME PERIOD FOR FILING AN AMENDED RETURN FOR INCOME TAX LIABILITY AFFECTED BY THE COMBAT-INJURED VETERANS TAX FAIRNESS ACT OF 2016.Intro. by D. Davis.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (May 18 2020)
Thu, 14 May 2020 Senate: Filed
Mon, 18 May 2020 Senate: Passed 1st Reading
Mon, 18 May 2020 Senate: Ref To Com On Rules and Operations of the Senate
Bill S 767 (2019-2020)Summary date: May 15 2020 - View Summary