Legislation

Altering the State income tax imposed on certain pass-through entities; requiring each pass-through entity to pay the tax imposed with respect to certain shares of certain nonresident and nonresident entity members of the pass-through entity; requiring that certain sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; etc.

Committees

Original:: Ways and Means

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB1051 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2020, July 1, 2022

History

Legislation History
Chamber House Calendar Date 1/24/2020 Legislative Date 1/24/2020 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Corporate Income Tax - Throwback Rule Proceedings
Chamber House Calendar Date 1/28/2020 Legislative Date 1/28/2020 Action Hearing 2/13 at 1:00 p.m. Proceedings
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action Hearing canceled Proceedings
Chamber House Calendar Date 1/29/2020 Legislative Date 1/29/2020 Action Hearing 2/12 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings
Chamber House Calendar Date 3/09/2020 Legislative Date 3/09/2020 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/10/2020 Legislative Date 3/07/2020 Action Favorable with Amendments {145560/1 Adopted Proceedings 44
Chamber House Calendar Date 3/10/2020 Legislative Date 3/07/2020 Action Second Reading Passed with Amendments Proceedings 44
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax – Pass–Through Entities, Throwback Rule, and Combined Reporting Proceedings
Chamber House Calendar Date 3/12/2020 Legislative Date 3/09/2020 Action Third Reading Passed (91-44) Proceedings 46
Chamber Senate Calendar Date 3/13/2020 Legislative Date 3/08/2020 Action Referred Budget and Taxation Proceedings 47

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/24/2020	1/24/2020	First Reading Ways and Means
			Text - First - Corporate Income Tax - Throwback Rule
House	1/28/2020	1/28/2020	Hearing 2/13 at 1:00 p.m.
House	1/29/2020	1/29/2020	Hearing canceled
House	1/29/2020	1/29/2020	Hearing 2/12 at 1:00 p.m.
			Vote - House - Committee - Ways and Means
House	3/09/2020	3/09/2020	Favorable with Amendments Report by Ways and Means
House	3/10/2020	3/07/2020	Favorable with Amendments {145560/1 Adopted	44
House	3/10/2020	3/07/2020	Second Reading Passed with Amendments	44
			Text - Third - Income Tax – Pass–Through Entities, Throwback Rule, and Combined Reporting
House	3/12/2020	3/09/2020	Third Reading Passed (91-44)	46
Senate	3/13/2020	3/08/2020	Referred Budget and Taxation	47

File Code

Subjects

Statutes