House Bill 4262
116th Congress(2019-2020)
Tax Refund Responsibility Act
Introduced
Introduced in House on Sep 10, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4262
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Michael San Nicolas
grade
Guam
No House votes have been held for this bill.
Summary
Tax Refund Responsibility Act
This bill requires the governor of Guam to ensure that (1) each refund claim relating to the Guam income tax is processed within 90 days after it is filed, (2) valid refunds are issued within 90 days after the refund form is filed, and (3) a sufficient percentage of taxes collected by the government of Guam is deposited into the Guam Income Tax Refund Efficient Payment Trust Fund to cover the cost of refunds.
September 10, 2019
09/10/2019
Referred to the House Committee on Natural Resources.
09/10/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:50:05 PM