SB0833

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Corporate Income Tax - Throwback Rule

Sponsored by:

Senator Pinsky

Status:

In the Senate - Hearing 3/08 at 1:00 p.m.


Synopsis:Requiring that specified sales of tangible personal property be attributed to the State for apportionment purposes under the corporate income tax if the corporation is not taxable in the state of the purchaser; and applying the Act to taxable years after 2016.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Pinsky, Madaleno, and Smith
Additional Facts:Cross-filed with: HB0639
Bill File Type: Regular
Effective Date(s): July 1, 2017
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Comptroller
Corporations -see also- Municipal Corps; Public Corps & Inst
Income Tax
Interest
Penalties and Sentences -see also- Death Penalty
Personal Property
Statutes:Article - Tax - General
(10-402)

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Legislative Lingo

Explanation of Floor Motions and Actions


March 9, 2017 9:37 A.M.