2002 Regular Session

SENATE BILL 100

File Code: Taxes - Income
Sponsored By:
Chairman, Budget and Taxation Committee (Departmental - Comptroller)
Entitled:
Income Tax - Electing Small Business Trust

Synopsis:

Altering the definition of "federal adjusted gross income" under the income tax as it relates to a fiduciary to include specified income of specified trusts; and applying the Act to tax years after 2001.

History by Legislative Date

Senate Action
10/19
Pre-filed
1/9
First Reading Budget and Taxation
Hearing 1/16 at 4:00 p.m.
1/28
Favorable Report by Budget and Taxation
1/29
Favorable Report Adopted
Second Reading Passed
1/31
Third Reading Passed (47-0)
House Action
2/1
First Reading Ways and Means
3/20
Hearing 3/28 at 1:00 p.m.
Sponsored by:
Chairman, Budget & Tax. Comm.
Departmental
Bill indexed under the following Subjects:
ESTATES AND TRUSTS
FIDUCIARIES
INCOME TAX
SMALL BUSINESS
Bill affects the following Statute:
Tax - General
( 10-101 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Vote (Legislative date is shown):
Senate
January 31, 2002: Third Reading Passed (47-0)