Taxation; period of limitations on collection. Provides that the period of limitations on tax collection shall be suspended for the period during which the assessment is the subject of certain proceedings related to the collection of taxes or correction of the assessment. The bill also removes the suspension of the period of limitations on tax collection for the period during which a taxpayer is outside of Virginia for a continuous period of at least six months.

Statutes affected:
House: Prefiled and ordered printed; offered 01/11/23 23100976D: 58.1-1802.1
House: Bill text as passed House and Senate (HB1625ER): 58.1-1802.1
Governor: Acts of Assembly Chapter text (CHAP0265): 58.1-1802.1