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The Florida Senate

HB 503: Reduction & Future Repeal/Corporate Income Tax

GENERAL BILL by Harrison ; (CO-INTRODUCERS) Baxley ; Brandes ; Gaetz ; Schenck ; Snyder

Reduction & Future Repeal/Corporate Income Tax; Provides for incremental reduction of corporate income tax & for its future repeal; provides legislative findings & intent & provides for application; provides for future application to franchise tax of specified parts & sections of ch. 220 as those parts & sections existed before their repeal; provides direction to Division of Statutory Revision to assist legislative committee staff in preparation of conforming legislation for submission to specified future regular sessions.

Effective Date: 7/1/2011
Last Action: 5/7/2011 House - Died in Finance and Tax Committee
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/25/2011 House • Filed
2/7/2011 House • Referred to Finance and Tax Committee; Economic Affairs Committee; Appropriations Committee -HJ 48
3/8/2011 House • Introduced -HJ 48
5/7/2011 House • Indefinitely postponed and withdrawn from consideration
• Died in Finance and Tax Committee