BILL · 2003–04 SESSION

SB 5424: Excise tax interest

Modifying excise tax interest provisions.

Summary

  • The months that DOR uses in calculating the interest rate on underpayments change from a year ending in October to a year ending in July. Interest allowed on a credit notice or refund issued after July 1, 2002, is computed from the first day of the month following the due date of the last reporting period or the first day of the month following full payment for the reporting period, whichever is later.

From the Senate Bill Report (SB 5424), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 24, 2003
  2. Out of committeeFeb 12, 2003
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Dino Rossi (R-5)
Introduced
January 24, 2003 in the Senate
Last action
January 12, 2004
Requested by
State agency
Companion bill
HB 1591
Budget
Has a fiscal note

AN ACT Relating to modifying excise tax interest provisions;

Sponsors

Prime sponsor: Dino Rossi (R-5)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. Senate Rules "X" file.
  5. Made eligible to be placed on second reading.
  6. Passed to Rules Committee for second reading.
  7. WM - Majority; do pass.
  8. First reading, referred to Ways & Means.

SB 5424 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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