HB 156 Income tax; refund of surplus revenues.
L. Scott Lingamfelter | all patrons    ...    notes
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Summary as introduced:
Income tax; refund of surplus revenues. Requires the refund of surplus revenues when they exceed the amount required to be deposited in the Revenue Stabilization Fund by at least $50 million. The Department of Taxation shall make refunds based on each taxpayer's pro rata share of excess revenues collected in the calendar year in which the fiscal year surplus is determined. The taxpayer must have filed an income tax return for such calendar year.

Full text:
01/09/02  House: Presented & ordered printed, prefiled 12/28/01 025974822  pdf | impact statement

Status:
01/09/02  House: Presented & ordered printed, prefiled 12/28/01 025974822
01/09/02  House: Referred to Committee on Finance
01/21/02  House: Assigned to Finance sub-committee: 2
01/28/02  House: Continued to 2003 in Finance (22-Y 0-N)