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CS/CS/CS/SB 1108: Taxation

GENERAL BILL by Budget Subcommittee on Finance and Tax; Community Affairs; Commerce and Tourism; Altman

Taxation; Providing an exemption from intangible tax for lessees performing a governmental, municipal, or public purpose or function; providing for retroactive application; exempting certain items used to manufacture, produce, or modify aircraft engines and gas turbine engines and parts from the tax on sales, use, and other transactions; revising provisions relating to an exemption for machinery and equipment used to increase productive output; increasing the amount of income that is exempt from taxation etc.

Senate Committee References: Commerce and Tourism (CM) , Community Affairs (CA) , Budget Subcommittee on Finance and Tax (BFT) , Budget (BC)

Last Action: 03/09/2012 Died in Budget, companion bill(s) passed, see HB 7087 (Ch. 2012-32)

Effective Date: except as otherwise expressly provided in this act, this act shall take effect July 1, 2012


Bill History

Date Chamber Action
12/01/2011 Senate • Filed
01/10/2012 Senate • Referred to Commerce and Tourism; Community Affairs; Budget -SJ 89
• Introduced -SJ 89
01/30/2012 Senate • On Committee agenda-- Commerce and Tourism, 02/02/12, 3:15 pm, 401 Senate Office Building
02/02/2012 Senate • CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 326
02/03/2012 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
02/06/2012 Senate • Now in Community Affairs -SJ 326
02/07/2012 Senate • CS by Commerce and Tourism read 1st time -SJ 332
02/08/2012 Senate • On Committee agenda-- Community Affairs, 02/13/12, 10:00 am, 412 Knott Building
02/13/2012 Senate • CS/CS by Community Affairs; YEAS 8 NAYS 0 -SJ 518
02/14/2012 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS/CS by Community Affairs read 1st time -SJ 519
02/16/2012 Senate • Now in Budget
02/20/2012 Senate • Subreferred to Budget Subcommittee on Finance and Tax -SJ 534
• Now in Budget Subcommittee on Finance and Tax
• On Committee agenda-- Budget Subcommittee on Finance and Tax, 02/23/12, 8:00 am, 301 Senate Office Building
02/23/2012 Senate • CS/CS/CS by Budget Subcommittee on Finance and Tax; YEAS 4 NAYS 0 -SJ 685
02/27/2012 Senate • Now in Budget -SJ 685
• CS/CS/CS by Budget Subcommittee on Finance and Tax read 1st time -SJ 686
03/09/2012 Senate • Died in Budget, companion bill(s) passed, see HB 7087 (Ch. 2012-32)