Introduced
by
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 Senate Bills 650 to 681. 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 Finance
Reported without amendment
With the recommendation that the bill pass.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 67 to 39 (details)
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 Senate Bills 650 to 681. This bill incorporates into statute a court ruling on the tax treatment of a company’s foreign subsidiary (the "Kmart fix").