Introduced
by
To assess and tax the real and personal property of telephone and telegraph companies in the same manner as other property. Under current law, the assessment involves calculations involving the value of intangible assets which potentially can be subjective.
Referred to the Committee on Finance
Substitute offered
To replace the previous version of the bill with a version which incorporates technical changes, and moves back its effective date to Jan. 1, 2005.
The substitute passed by voice vote
Amendment offered
by
To move back the effective date of the bill to Jan. 1, 2006.
The amendment passed by voice vote
Amendment offered
by
To allow the state to revert to the current system of assessment and taxation in the event that the procedures proposed by the bill are challenged in court by a taxpayer and declared invalid by an appellate court.
The amendment failed by voice vote
Passed in the Senate 32 to 0 (details)
Referred to the Committee on Tax Policy
Passed in the House 101 to 2 (details)
To assess and tax the real and personal property of telephone and telegraph companies in the same manner as other property. Under current law, the assessment involves calculations involving the value of intangible assets which potentially can be subjective.