2011 House Bill 4961

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Introduced in the House

Sept. 13, 2011

Introduced by Rep. John Walsh (R-19)

To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill incorporates into statute a court ruling on the tax treatment of a company’s foreign subsidiary (the "Kmart fix").

Referred to the Committee on Tax Policy

Sept. 14, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 19, 2011

Motion by Rep. Jim Stamas (R-98)

The motion passed by voice vote

Referred to the Committee on Tax Policy