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Estimated tax; failure by individual, trust, or estate to pay. Increases from $150 to $1,000 the maximum underpayment of estimated tax for which no addition to tax shall be added.
Introduced
Jan 14, 2025
Last Action
Feb 5, 2025
Session
VA 2025
Sponsors
1 primary · 40 co
Passed by indefinitely in Finance and Appropriations (12-Y 0-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (99-Y 0-N)
Read second time and engrossed
Read first time
Reported from Finance (22-Y 0-N)
Subcommittee recommends reporting (8-Y 0-N)
Impact statement from TAX (HB2643)
Assigned Finance sub: Subcommittee #2
Presented and ordered printed 25104724D
Referred to Committee on Finance
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed by indefinitely in Finance and Appropriations (12-Y 0-N)
Joseph P. McNamara
Jonathan "Jed" Arnold
Terry L. Austin
Jason S. Ballard
Amanda E. Batten
Ellen H. Campbell
Mike A. Cherry
Carrie E. Coyner
Mark L. Earley, Jr.
N. Baxter Ennis
Nicholas J. Freitas
W. Chad Green
Timothy P. Griffin
Terry G. Kilgore
James A. "Jay" Leftwich
Ian T. Lovejoy
Paul V. Milde
James W. Morefield
Israel D. O'Quinn
Robert D. Orrock, Sr.
Chris S. Runion
Phillip A. Scott
Kim A. Taylor
Wendell S. Walker
R. Lee Ware
Michael J. Webert
Wren M. Williams
Tony O. Wilt
Thomas C. Wright, Jr.
Scott A. Wyatt
Eric R. Zehr