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Glossary of Legislative Terms

SB 486: Tax-exempt Income

GENERAL BILL by Hukill

Tax-exempt Income; Increasing the amount of income that is exempt from the corporate income tax; increasing the amount of income that is exempt from the franchise tax imposed on banks and savings associations, etc.

Effective Date: 1/1/2018
 Last Action: 5/5/2017 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on Finance and Tax (AFT)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
1/25/2017 Senate • Filed
2/9/2017 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 72
3/7/2017 Senate • Introduced -SJ 72
5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance