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NC H797

Bill

Status

Passed

2/24/2022

Primary Sponsor

Sarah Stevens

Click for details

Origin

House of Representatives

2021-2022 Session

AI Summary

  • Extends the tax filing deadline for eligible farmers and fishermen from March 1 to April 15, 2022 for tax year 2021 returns.
  • Waives interest penalties on underpaid estimated tax installments if farmers and fishermen file their 2021 return and pay the full computed amount by April 15, 2022.
  • Allows qualifying farmers and fishermen to avoid making estimated tax payments throughout the taxable year without incurring interest charges.
  • Became effective upon approval by Governor Roy Cooper on February 24, 2022.

Legislative Description

Extend Farmers/Fishermen Tax Filing Deadline

Counties

Last Action

Ch. SL 2022-5

2/24/2022

Committee Referrals

Rules and Operations of the Senate8/10/2021
State and Local Government6/14/2021
Rules and Operations of the Senate5/11/2021
Rules, Calendar, and Operations of the House5/6/2021
Finance5/4/2021

Full Bill Text

No bill text available