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COM 0789.000 2016-2018
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COM 0789.000 2016-2018
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Last modified
3/8/2018 2:49:52 PM
Creation date
3/8/2018 12:05:30 PM
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Communications
Communications - Type
COM
Communications - Council Term
2016-2018
Communication
0789
Point
000
Author
Valerie T. Poindexter, Council Chair
Communications - Referred To
COUNCIL
Document Relationships
AGE COUNCIL 2018/03/14 2016-2018
(Related To)
Path:
\Council Records\Agendas\2016-2018\Council
RES 525 Draft 01 2016-2018
(Related)
Path:
\Council Records\Resolutions\2016-2018
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Page 3 <br /> H . B . NO . 1665 1665 <br /> • <br /> 1 (e) If the tax credit claimed by a qualified taxpayer <br /> 2 exceeds the amount of income tax payment due from the qualified <br /> 3 taxpayer, the excess of the credit over payments due shall be <br /> 4 refunded to the qualified taxpayer; provided that tax credit <br /> 5 properly claimed by a qualified individual who has no income tax <br /> 6 liability shall be paid to the qualified individual; and <br /> 7 provided further that no refunds or payment on account of the <br /> 8 tax credit allowed by this section shall be made for amounts <br /> 9 less than $1. <br /> 10 All claims for the tax credit under this section, including <br /> 11 amended `'claims, shall be filed on or before the end of the <br /> 12 twelfth month following the close of the taxable year for which <br /> 13 the credit may be claimed. Failure to comply with the foregoing <br /> 14 provision shall constitute a waiver of the right to claim the <br /> 15 credit. <br /> 16 (f) As used in this section, "qualified taxpayer" means a <br /> 17 resident individual taxpayer who: <br /> 18 (1) Claims the tax credit on the taxpayer' s primary <br /> 19 residence in the State and does not permit transient <br /> 20 accommodations as defined in section 237D-1; <br /> HB1665 HD1 HMS 2018-1776 3 <br /> [II I] IIIF(I H II 1;J1111111IOi iI1 <br />
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