CS/CS/SB 1998 (2011) -  Corporate Income Tax

General Bill by Budget and Budget Subcommittee on Finance and Tax and Budget Subcommittee on Finance and Tax (CO-SPONSORS) Alexander; Bogdanoff
Corporate Income Tax: Provides for the adoption of the 2011 version of the Internal Revenue Code. Specifies the treatment by this state of certain depreciation and expensing of assets that are allowed for federal income tax purposes. Authorizes the executive director of the Department of Revenue to adopt emergency rules. Provides for the reversion of funds and reappropriation. Provides for retroactive application.
Effective Date: upon becoming a law
Last Event: 05/03/11 S Laid on Table, companion bill(s) passed, see CS/HB 7185 (Ch. 2011-229) -SJ 777 on Tuesday, May 3, 2011 6:16 PM

PCB committee actions:

  • SPB 7064 recommended by:
    Budget Subcommittee on Finance and Tax
    • On agenda for: 03/11/11   8:30 AM
    • Submitted as Committee Bill (final action)  

Referred Committees and Committee Actions

Senate Referrals

  • Budget Subcommittee on Finance and Tax
    • On agenda for: 03/17/11 11:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 6   Nays 0
  • Budget
    • On agenda for: 04/14/11 1:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 20   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 7185 Subject: Corporate Income Tax Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget 4/15/2011 10:01:36 AM
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 3/17/2011 3:27:41 PM
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 3/14/2011 4:27:22 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see CS/HB 7185 (Ch. 2011-229) -SJ 777 Time: 05/03/2011 - 6:16 PM Member: Committee: Version: c2
Event: S Substituted CS/HB 7185 -SJ 777 Time: 05/03/2011 - 6:16 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 777 Time: 05/03/2011 - 6:14 PM Member: Committee: Version: c2
Event: S Placed on Special Order Calendar, 05/03/11 Time: 04/29/2011 - 6:01 PM Member: Committee: Version: c2
Event: S CS/CS by Budget read 1st time -SJ 498 Time: 04/26/2011 - 9:30 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading -SJ 471 Time: 04/20/2011 - 3:39 PM Member: Committee: Version: c2
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 04/15/2011 - 1:06 PM Member: Committee: Version: c2
Event: S CS/CS by- Budget; YEAS 20 NAYS 0 -SJ 471 Time: 04/14/2011 - 8:13 PM Member: Committee: Version: c1
Event: S On Committee agenda-- Budget, 04/14/11, 1:30 pm, 412 Knott Building Time: 04/11/2011 - 5:09 PM Member: Committee: Version: c1
Event: S CS by Budget Subcommittee on Finance and Tax read 1st time -SJ 261 Time: 03/22/2011 - 5:58 PM Member: Committee: Version: c1
Event: S Now in Budget -SJ 236 Time: 03/17/2011 - 4:10 PM Member: Committee: Version: c1
Event: S CS by Budget Subcommittee on Finance and Tax; YEAS 6 NAYS 0 -SJ 236 Time: 03/17/2011 - 12:29 PM Member: Committee: Version: __
Event: S Introduced -SJ 210 Time: 03/15/2011 - 8:21 AM Member: Committee: Version: __
Event: S Subreferred to Budget Subcommittee on Finance and Tax -SJ 210 Time: 03/14/2011 - 4:34 PM Member: Committee: Version: __
Event: S On Committee agenda-- Budget Subcommittee on Finance and Tax, 03/17/11, 11:00 am, 301 Senate Office Building Time: 03/14/2011 - 4:04 PM Member: Committee: Version: __
Event: S Now in Budget Subcommittee on Finance and Tax Time: 03/14/2011 - 3:58 PM Member: Committee: Version: __
Event: S Referred to Budget -SJ 210 Time: 03/14/2011 - 9:54 AM Member: Committee: Version: __
Event: S Filed Time: 03/11/2011 - 11:30 AM Member: Committee: Version: __
Event: S SPB 7064 submitted as a committee bill (SB 1998) by Budget Subcommittee on Finance and Tax Time: 03/11/2011 - 11:30 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.03 HB 1099, SB 1222, HB 1275, SB 1296, SB 1820, SB 2156, CS/HB 5005*, CS/HB 7185*, HB 7247
220.13 CS/HB 143*, HB 197, SB 264, SB 266, HB 297, HB 397, SB 774, SB 790, CS/CS/HB 873*, HB 1099, SB 1208, SB 1222, HB 1223, CS/SB 1224, SB 1764, CS/HB 7185*, HB 7203*

(*) Not the latest version