Introduced
by
To revise the details of certain definitions in the business income tax law. The bill affects the "apportionment" of certain income earned in other states, and the deductibility of losses in certain situations where a firm acquires another corporation.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 109 to 0 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To revise the details of certain definitions in the business income tax law. The bill affects the "apportionment" of certain income earned in other states, and the deductibility of losses in certain situations where a firm acquires another corporation.
