CHAPTER NUMBER: 320
File Code: Income
Crossfiled with: HOUSE BILL 351
- Sponsored By:
-
Senator Baker
- Entitled:
-
Income Tax - Installment Sales - Credit for Tax Paid to Another State
for Earlier Taxable Year
Allowing a credit against the State income tax for state tax on income
paid to another state for an earlier taxable year on specified income
from an installment sale that is recognized for federal income tax
purposes in the current taxable year; and applying the Act to taxable
years after 1996.
Senate Action
- 6/26
- Pre-filed
- 1/8
- First Reading Budget and Taxation
- Hearing 1/15 at 2:00 p.m.
- 1/10
- Hearing cancelled
- 1/15
- Hearing 1/29 at 1:30 p.m.
- 2/24
- Favorable Report by Budget and Taxation
- 2/25
- Favorable Report Adopted
- Second Reading Passed
- 2/27
- Third Reading Passed (46-0)
- 4/1
- Returned Passed
- 5/8
- Signed by the Governor Chapter 320
House Action
- 2/28
- First Reading Ways and Means
- 3/5
- Hearing 3/18 at 1:00 p.m.
- 3/31
- Favorable Report by Ways and Means
- 3/27
- Favorable Report Adopted
- Second Reading Passed
- 3/28
- Third Reading Passed (131-1)
- Bill indexed under the following Subjects:
- COMMERCE AND BUSINESS -see also- SMALL BUSINESS
- CREDIT
- INCOME TAX
- INTERSTATE AFFAIRS
- TAX CREDITS
- Bill affects the following Statute:
- Tax - General
- (
10-703.2
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)