CHAPTER NUMBER: 225
File Code: Taxes - Miscellaneous
- Sponsored By:
-
Chairman, Budget and Taxation Committee (Departmental -
Assessments and Taxation)
- Entitled:
-
Financial
Institutions - Taxation
Terminating the financial institution franchise tax and the savings
and loan association franchise tax; providing that specified financial
institutions are subject to income tax for tax years beginning after a
specified date; providing that, for income tax purposes, interest
received by specified financial institutions from one of its
subsidiary corporations shall be allocated to the State only to the
extent that the interest is derived from the subsidiary's trade or
business within the State; etc.
Senate Action
- 10/5
- Pre-filed
- 1/12
- First Reading Budget and Taxation
- 1/14
- Hearing 1/25 at 11:00 a.m.
- 1/19
- Hearing cancelled
- Hearing 1/26 at 2:00 p.m.
- 3/24
- Favorable with Amendments Report by Budget and Taxation
- 3/27
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/29
- Third Reading Passed (47-0)
- 4/7
- Senate Concur - House Amendment
- Third Reading Passed (39-0)
- Passed Enrolled
- 5/11
- Signed by the Governor Chapter 225
House Action
- 3/28
- First Reading Ways and Means
- 3/30
- Hearing 4/4 at 1:00 p.m.
- 4/7
- Favorable with Amendments Report by Ways and Means
- 4/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/4
- Third Reading Passed with Amendments (136-0)
- Sponsored by:
- Chairman, Budget & Tax. Comm.
- Departmental
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- COMPTROLLER
- EXEMPTIONS
- FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
- FRANCHISES
- INCOME TAX
- INTEREST
- PENALTIES
- PERSONAL PROPERTY
- PROPERTY TAX
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- SAVINGS AND LOAN ASSOCIATIONS
- Bill affects the following Statutes:
- Tax - General
- (
8-101 ,
8-202 ,
8-301 ,
10-403
)
- Tax - Property
- (
7-221 ,
7-221.1 ,
7-228
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 789135/1 (PDF) Offered on: March 27, 2000 at:
9:22 p.m. Status: Adopted
- House
- Number: 515162/1 (PDF) Offered on: April 7, 2000 at:
12:42 p.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- March 29, 2000: Third Reading Passed (47-0)
- April 7, 2000: Third Reading Passed (39-0)
- House
- April 4, 2000: Third Reading Passed (136-0)