REQUIRE CERTAIN INSTALLMENT PAYMENT AGMTS.

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View NCGA Bill Details2019-2020 Session
House Bill 821 (Public) Filed Tuesday, April 16, 2019
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)
H 821

Bill Summaries:

  • Summary date: Apr 16 2019 - View Summary

    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.