SB 7014: Corporate Income Tax
GENERAL BILL by Finance and Tax
Corporate Income Tax; Adopting the 2015 version of the Internal Revenue Code; incorporating a reference to a recent federal act into state law for the purpose of defining the term “adjusted federal income”; revising the treatment by this state of certain depreciation and expensing of assets that are allowed for federal income tax purposes, etc.
Last Action: 4/1/2015 Senate - Laid on Table, companion bill(s) passed, see HB 7009 (Ch. 2015-35) -SJ 313
Bill Text: Web Page | PDF
- Fiscal Policy (FP)
Date Chamber Action 1/26/2015 Senate • Submitted for consideration by Finance and Tax
• On Committee agenda-- Finance and Tax, 02/02/15, 4:00 pm, 401 Senate Office Building --Not Considered
2/9/2015 Senate • On Committee agenda-- Finance and Tax, 02/16/15, 4:00 pm, 401 Senate Office Building --Meeting cancelled
2/23/2015 Senate • On Committee agenda-- Finance and Tax, 03/02/15, 1:00 pm, 401 Senate Office Building --Meeting cancelled
3/11/2015 Senate • On Committee agenda-- Finance and Tax, 03/16/15, 2:00 pm, 401 Senate Office Building -- Submitted as Committee Bill; YEAS 7 NAYS 0
3/17/2015 Senate • Filed
• Referred to Fiscal Policy -SJ 198
• Introduced -SJ 198
3/23/2015 Senate • On Committee agenda-- Fiscal Policy, 03/26/15, 9:00 am, 412 Knott Building
3/26/2015 Senate • Favorable by- Fiscal Policy; YEAS 8 NAYS 0 -SJ 259
• Placed on Calendar, on 2nd reading -SJ 259
• Placed on Special Order Calendar, 04/01/15
4/1/2015 Senate • Read 2nd time -SJ 313
• Substituted HB 7009 -SJ 313
• Laid on Table, companion bill(s) passed, see HB 7009 (Ch. 2015-35) -SJ 313
SB 7014, Original Filed Version (Current Bill Version) Posted 3/17/2015 at 8:53 AM
Bill Text: Web Page | PDF Analyses: Fiscal Policy (Pre-Meeting) 3/25/2015 (pdf)
Fiscal Policy (Post-Meeting) 3/26/2015 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7009 (er) Corporate Income Tax Finance and Tax Committee Similar Last Action: 5/15/2015 Chapter No. 2015-35
Location: Became Law
Committee Votes (1)
Date Committee Result 3/26/2015 9:00 AM Fiscal Policy 8 Yeas - 0 Nays
Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 220.03 Definitions. Page 1 (pdf) 220.13 “Adjusted federal income” defined. Page 2 (pdf) 1009.97 General provisions. Page 5 (pdf)
SPB 7014, Proposed Bill Posted 1/26/2015 at 1:15 PM
Bill Text: Web Page | PDF Analyses: Finance and Tax (Pre-Meeting) 3/13/2015 (pdf)
Finance and Tax (Post-Meeting) 3/17/2015 (pdf)
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 848556 - Amendment
Delete lines 118 - 127 and insert:
Finance and Tax
Committee Votes (1)
Date Committee Result 3/16/2015 2:00 PM Finance and Tax 7 Yeas - 0 Nays
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.