What is the status of House Bill No. 3902?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter1: An Introduction To Taxation And Understanding The Federal Tax Law
Section: Chapter Questions
Problem 44DQ
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House Bill No. 3902 was transmitted to the Senate and was passed
accordingly. The Bill was submitted to President Turtle for his signature
on August 1, 2020. On September 5, 2020, the President stated on a media
interview that he does not intend to sign the bill into law that is why he
is not yet acting on the bill. What is the status of House Bill No. 3902?
a. The bill is automatically vetoed upon the lapse of 15 days.
b. The bill has automatically lapsed into law after 30 days.
c. The bill's effectivity is suspended until the President of the signature.
d. The bill has become effective until the President vetoes it.
Transcribed Image Text:House Bill No. 3902 was transmitted to the Senate and was passed accordingly. The Bill was submitted to President Turtle for his signature on August 1, 2020. On September 5, 2020, the President stated on a media interview that he does not intend to sign the bill into law that is why he is not yet acting on the bill. What is the status of House Bill No. 3902? a. The bill is automatically vetoed upon the lapse of 15 days. b. The bill has automatically lapsed into law after 30 days. c. The bill's effectivity is suspended until the President of the signature. d. The bill has become effective until the President vetoes it.
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