Bill Summary for H 797 (2021-2022)

Printer-friendly: Click to view
Bill: EXTEND FARMERS/FISHERMEN TAX FILING DEADLINE. (NEW)

Summary date: 

May 6 2021
S.L. 2022-5

Bill Information:

View NCGA Bill Details2021
House Bill 797 (Public) Filed Monday, May 3, 2021
AN ACT TO EXTEND THE MARCH 1 TAX FILING DEADLINE FOR FARMERS AND FISHERMEN IN ORDER TO ALLOW THEM TO QUALIFY FOR THE EXCEPTION THAT PERMITS THEM TO AVOID MAKING ESTIMATED TAX PAYMENTS THROUGHOUT THE TAXABLE YEAR WITHOUT THE IMPOSITION OF INTEREST.
Intro. by Stevens, D. Hall, Willis.

View: All Summaries for BillTracking:

Bill summary

House committee substitute to the 1st edition makes the following changes. Further amends GS 105-228.37 to provide for interest to accrue on the overpayment of excise tax on real property conveyances 30 days after the earlier of (1) a request for a refund filed by the taxpayer with the board of commissioners under subsection (a) or (2) a request for a refund is filed by the taxpayer with the individual to whom the determination is delegated by resolution under new subsection (a1), either the county manager or finance officer. Makes a clarifying change in (a1).