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CS/CS/CS/SB 1108 - Taxation

General Bill   by Budget Subcommittee on Finance and Tax and Community Affairs and Commerce and Tourism and Altman
Taxation: Providing an exemption from intangible tax for lessees performing a governmental, municipal, or public purpose or function; providing for retroactive application; exempting certain items used to manufacture, produce, or modify aircraft engines and gas turbine engines and parts from the tax on sales, use, and other transactions; revising provisions relating to an exemption for machinery and equipment used to increase productive output; increasing the amount of income that is exempt from taxation etc.
Effective Date: except as otherwise expressly provided in this act, this act shall take effect July 1, 2012
Last Event: 03/09/12 S Died in Budget, companion bill(s) passed, see HB 7087 (Ch. 2012-32) on Friday, March 09, 2012 11:59 PM

Referred Committees and Committee Actions

Senate Referrals

    -  Commerce and Tourism
           On agenda for: 02/02/12 3:15 PM
        Favorable With Committee Substitute (final action)    Votes: Yeas 6   Nays 0
 
    -  Community Affairs
           On agenda for: 02/13/12 10:00 AM
        Favorable With Committee Substitute (final action)    Votes: Yeas 8   Nays 0
 
    -  Budget Subcommittee on Finance and Tax
           On agenda for: 02/23/12 8:00 AM
        Favorable With Committee Substitute (final action)    Votes: Yeas 4   Nays 0
 
    -  Budget

Related Bills
Bill # Subject Relationship
CS/HB 939 Exemptions from the Tax on Sales, Use, & Other Transactions Compare
HB 7087 Economic Development Compare
CS/SB 1384 Taxes Compare

Bill Text
Committee Substitute 3  
Committee Substitute 2  Laid on the Table
A 122096 , Budget Subcommittee on Finance and Tax, Altman Date Filed: 02/21/12, Line#: 70 Senate(c): Replaced by Committee Substitute 2/24/2012 4:35:16 PM
A 116190 , Budget Subcommittee on Finance and Tax, Altman Date Filed: 02/22/12, Line#: 70 Senate(c): Replaced by Committee Substitute 2/24/2012 4:35:16 PM
Committee Substitute 1  Laid on the Table
A 663472 , Community Affairs, Bennett Date Filed: 02/13/12, Line#: 10 Senate(c): Replaced by Committee Substitute 2/13/2012 12:25:25 PM
Original Filed Version  
D 196966 , Commerce and Tourism, Montford Date Filed: 02/01/12, Line#: 0 Senate(c): Favorable 2/2/2012 6:02:58 PM

Staff Analysis

Vote History
(no votes recorded)

Bill History
Event Time Member Committee
03/09/12 S Died in Budget, companion bill(s) passed, see HB 7087 (Ch. 2012-32) Friday, March 09, 2012 11:59 PM
02/27/12 S CS/CS/CS by Budget Subcommittee on Finance and Tax read 1st time -SJ 686 Monday, February 27, 2012 6:24 PM
02/27/12 S Now in Budget -SJ 685 Monday, February 27, 2012 8:25 AM
02/23/12 S CS/CS/CS by Budget Subcommittee on Finance and Tax; YEAS 4 NAYS 0 -SJ 685 Thursday, February 23, 2012 11:41 AM
02/20/12 S On Committee agenda-- Budget Subcommittee on Finance and Tax, 02/23/12, 8:00 am, 301 Senate Office Building Monday, February 20, 2012 6:09 PM
02/20/12 S Now in Budget Subcommittee on Finance and Tax Monday, February 20, 2012 6:04 PM
02/20/12 S Subreferred to Budget Subcommittee on Finance and Tax -SJ 534 Monday, February 20, 2012 6:00 PM
02/16/12 S Now in Budget Thursday, February 16, 2012 10:58 AM
02/14/12 S CS/CS by Community Affairs read 1st time -SJ 519 Tuesday, February 14, 2012 7:47 PM
02/14/12 S Pending reference review under Rule 4.7(2) - (Committee Substitute) Tuesday, February 14, 2012 10:42 AM
02/13/12 S CS/CS by Community Affairs; YEAS 8 NAYS 0 -SJ 518 Monday, February 13, 2012 11:23 AM
02/08/12 S On Committee agenda-- Community Affairs, 02/13/12, 10:00 am, 412 Knott Building Wednesday, February 08, 2012 6:13 PM
02/07/12 S CS by Commerce and Tourism read 1st time -SJ 332 Tuesday, February 07, 2012 6:50 PM
02/06/12 S Now in Community Affairs -SJ 326 Monday, February 06, 2012 10:06 AM
02/03/12 S Pending reference review under Rule 4.7(2) - (Committee Substitute) Friday, February 03, 2012 10:39 AM
02/02/12 S CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 326 Thursday, February 02, 2012 5:23 PM
01/30/12 S On Committee agenda-- Commerce and Tourism, 02/02/12, 3:15 pm, 401 Senate Office Building Monday, January 30, 2012 5:50 PM
01/10/12 S Introduced -SJ 89 Tuesday, January 10, 2012 4:48 PM
01/10/12 S Referred to Commerce and Tourism; Community Affairs; Budget -SJ 89 Tuesday, January 10, 2012 4:22 PM
12/01/11 S Filed Thursday, December 01, 2011 8:57 AM

Statutes Referenced by this Bill
212.08
196.199
220.14
220.63
 

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