CS/SB 502 (2018) -  Corporate Income Tax

General Bill by Appropriations and Stargel
Corporate Income Tax: Adopting the 2018 version of the Internal Revenue Code; revising the definition of the term “adjusted federal income” relating to adjustments related to federal acts; providing legislative findings; requiring the Department of Revenue to establish a workgroup for certain purposes; requiring the workgroup to consult with the Revenue Estimating Conference and seek and consider comments from the private sector; providing for retroactive operation, etc.
Effective Date: Upon becoming a law and operate retroactively to January 1, 2018
Last Event: 03/08/18 S Laid on Table, companion bill(s) passed, see HB 7093 (Ch. 2018-119) -SJ 899 on Thursday, March 8, 2018 1:33 PM

Referred Committees and Committee Actions

Senate Referrals

  • Appropriations Subcommittee on Finance and Tax
    • On agenda for: 02/20/18 9:00 AM
    • Recommendation: Favorable With Committee Substitute (final action) Votes: Yeas 6   Nays 0
  • Appropriations
    • On agenda for: 02/27/18 11:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 20   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: HB 7093 Subject: Corporate Income Tax Relationship: Compare

Bill Text

  • Committee Substitute 1
  • Original Filed Version
    • P 383058 , Appropriations Date Filed: 02/20/18, Line#: 0 Senate(c): Replaced by Committee Substitute 02/27/2018 09:09 PM
    • A 848256 , Appropriations Subcommittee on Finance and Tax, Stargel Date Filed: 02/19/18, Line#: 29 Senate(c): Replaced by Committee Substitute 02/20/2018 10:51 AM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations 2/27/2018 9:01:39 PM
Chamber: Senate Committee: Appropriations 2/26/2018 9:57:19 AM
Chamber: Senate Committee: Appropriations 2/26/2018 9:49:14 AM
Chamber: Senate Committee: Appropriations Subcommittee on Finance and Tax 2/20/2018 5:08:27 PM
Chamber: Senate Committee: Appropriations Subcommittee on Finance and Tax 2/19/2018 11:12:42 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see HB 7093 (Ch. 2018-119) -SJ 899 Time: 03/08/2018 - 1:33 PM Member: Committee: Version: c1
Event: S Substituted HB 7093 -SJ 899 Time: 03/08/2018 - 1:33 PM Member: Committee: Version: c1
Event: S Read 3rd time -SJ 899 Time: 03/08/2018 - 1:31 PM Member: Committee: Version: c1
Event: S Placed on 3rd reading Time: 03/01/2018 - 1:47 PM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 427 Time: 03/01/2018 - 1:46 PM Member: Committee: Version: c1
Event: S CS by Appropriations read 1st time -SJ 410 Time: 02/28/2018 - 6:25 PM Member: Committee: Appropriations Version: c1
Event: S Placed on Special Order Calendar, 03/01/18 -SJ 435 Time: 02/28/2018 - 3:02 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading -SJ 409 Time: 02/28/2018 - 2:59 PM Member: Committee: Version: c1
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 02/28/2018 - 8:20 AM Member: Committee: Appropriations Version: c1
Event: S CS by- Appropriations; YEAS 20 NAYS 0 -SJ 409 Time: 02/27/2018 - 8:12 PM Member: Committee: Appropriations Version: __
Event: S On Committee agenda-- Appropriations, 02/27/18, 11:00 am, 412 Knott Building Time: 02/22/2018 - 9:30 PM Member: Committee: Appropriations Version: __
Event: S Now in Appropriations -SJ 374 Time: 02/21/2018 - 8:46 AM Member: Committee: Appropriations Version: __
Event: S Subcommittee Recommendation: CS by Appropriations Subcommittee on Finance and Tax; YEAS 6 NAYS 0 -SJ 374 Time: 02/20/2018 - 10:27 AM Member: Committee: Appropriations Subcommittee on Finance and Tax Version: __
Event: S On Committee agenda-- Appropriations Subcommittee on Finance and Tax, 02/20/18, 9:00 am, 401 Senate Office Building Time: 02/15/2018 - 4:25 PM Member: Committee: Appropriations Subcommittee on Finance and Tax Version: __
Event: S Introduced -SJ 40 Time: 01/09/2018 - 8:00 AM Member: Committee: Version: __
Event: S Referred to Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 40 Time: 10/26/2017 - 2:47 PM Member: Committee: Appropriations Subcommittee on Finance and Tax Version: __
Event: S Filed Time: 10/11/2017 - 12:05 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.03 SB 916, HB 1271, HB 7093
220.13 SB 1786, SB 1848, HB 6051, CS/HB 7055, CS/HB 7087*, HB 7093

(*) Not the latest version