File Code: Income
- Sponsored By:
-
Chairman, Ways and Means Committee (Departmental - Comptroller)
- Entitled:
-
Income Tax - Subtractions from Federal Adjusted Gross Income -
Installment Sale Income
Authorizing a subtraction modification for gain on an installment sale
that is included in federal adjusted gross income if the disposition
occurred in a prior taxable year and the taxpayer paid state tax on
income on the full amount of the gain to the state where the property
was located.
House Action
- 1/15
- First Reading Ways and Means
- Hearing 1/21 at 11:00 a.m.
- 2/3
- Favorable with Amendments Report by Ways and Means
- 2/4
- Favorable with Amendments
- Special Order 2/5 (Delegate Hixson) Adopted
- 2/5
- Recommit to Committee Ways and Means (Delegate Hixson)
- 3/18
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Chairman, Ways & Means Comm.
- Departmental
- Bill indexed under the following Subjects:
- CREDIT
- EXEMPTIONS
- INCOME TAX
- Bill affects the following Statutes:
- Tax - General
- (
10-207 ,
10-207
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
- House
- Number: 595937/1 (PDF) Offered on: FEBRUARY 4, 1997 at: 10:30
Status: Special Ordered