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HB 7093: Corporate Income Tax

GENERAL BILL by Ways and Means Committee ; Renner

Corporate Income Tax; Adopting the 2018 version of the Internal Revenue Code; revising the definition of the term "adjusted federal income" relating to adjustments related to federal acts; requiring the Department of Revenue to make a certain examination, monitor guidance by the Internal Revenue Service, conduct workshops, and develop a certain process regarding the Tax Cuts and Jobs Act of 2017; requiring the department to consult with the Revenue Estimating Conference in developing required reports, etc.

Effective Date: 3/23/2018
Last Action: 3/27/2018 - Chapter No. 2018-119
Bill Text: PDF



Bill History

Date Chamber Action
2/23/2018 House • Filed
2/26/2018 House • Referred to Calendar -HJ 674
• Introduced -HJ 674
2/27/2018 House • Placed on Special Order Calendar, 03/02/18
3/2/2018 House • Read 2nd time -HJ 788
• Amendment(s) adopted (691223) -HJ 788
• Placed on 3rd reading
3/5/2018 House • Read 3rd time -HJ 849
• Passed as amended; YEAS 75 NAYS 35 -HJ 849
3/5/2018 Senate • In Messages
• Referred to Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 733, 734
• Received -SJ 769
3/8/2018 Senate • Withdrawn from Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 899
• Placed on Calendar, on 2nd reading -SJ 899
• Substituted for CS/SB 502 -SJ 899
• Read 2nd time -SJ 899
• Amendment(s) adopted (903866) -SJ 899, 900
• Read 3rd time -SJ 900
• Passed as amended; YEAS 36 NAYS 1 -SJ 900, 901
3/8/2018 House • In returning messages
3/9/2018 House • Amendment(s) to Senate amendment(s) adopted (334833) -HJ 1129
• Concurred in Senate amendment(s) as amended (903866) -HJ 1128, 1129
• Passed as amended; YEAS 81 NAYS 26 -HJ 1129, 1130
3/9/2018 Senate • In returning messages
• Concurred in House amendment(s) to Senate amendment(s) (334833) -SJ 1006, 1007
• Passed as amended; YEAS 25 NAYS 11 -SJ 1030
3/9/2018 House • Ordered engrossed, then enrolled -HJ 1211
3/21/2018 • Signed by Officers and presented to Governor
3/23/2018 • Approved by Governor
3/27/2018 • Chapter No. 2018-119