1996 Regular Session

SENATE BILL 95

CHAPTER NUMBER: 99 File Code: Taxes - Miscellaneous
Sponsored By:
Chairman, Budget and Taxation Committee (Departmental - Assessments and Taxation)
Entitled:
Financial Institution Franchise Tax

Synopsis:

Altering the appeal process for assessments of financial institution franchise tax; providing for certain informal hearings; providing for the application of the Act; modifying and clarifying a subtraction modification for certain financial institutions under the financial institutions franchise tax; and generally relating to the appeal process for the financial institution franchise tax.

Legislative History

Senate Action
11/8
Pre-filed
1/10
First Reading Budget and Taxation
1/3
Hearing 1/19 at 1:00 p.m.
2/13
Favorable with Amendments Report by Budget and Taxation
2/14
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
2/16
Third Reading Passed (46-0)
4/1
Returned Passed
4/30
Signed by the Governor Chapter 99
House Action
2/19
First Reading Commerce and Government Matters
2/22
Re-assigned Ways and Means
3/6
Hearing 3/20 at 1:00 p.m.
3/29
Favorable Report by Ways and Means
3/26
Favorable Report Adopted
Second Reading Passed
3/27
Third Reading Passed (132-1)
Sponsored by:
Chairman, Budget & Taxation Comm.
Departmental
Bill indexed under the following Subjects:
APPEALS -see also- JUDICIAL REVIEW
EXEMPTIONS
FINANCIAL INSTITUTIONS -see also- BANKS & TRUST CO, CREDIT U
FRANCHISES
HEARINGS
REVENUE AND TAXES - GENERAL
Bill affects the following Statutes:
Tax - General
( 8-204 , 13-508 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments:
Senate
Number: 538694/1 (PDF) Offered on: FEBRUARY 14, 1996 at: 09:52 Status: Adopted