Amends GS 105-237 to set out parameters for installment payment agreements for owed taxes for taxpayers other than individuals. Requires installment agreements to provide a minimum period for repayment based upon the amount owed, as provided, ranging from an 18-month period of repayment for repayment amounts ranging from $7,000 to $14,499, up to a 60-month period of repayment for repayment amounts which are $50,000 or more.
REQUIRE CERTAIN INSTALLMENT PAYMENT AGMTS.
|View NCGA Bill Details||2019-2020 Session|
AN ACT TO REQUIRE THE ALLOWANCE OF CERTAIN BUSINESS INSTALLMENT PAYMENT AGREEMENTS.Intro. by Alexander.
Status: Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Apr 18 2019)
Tue, 16 Apr 2019 House: Filed
Thu, 18 Apr 2019 House: Passed 1st Reading
Bill H 821 (2019-2020)Summary date: Apr 16 2019 - View Summary