2005 Regular Session

SENATE BILL 794

CHAPTER NUMBER: 175 File Code: Taxes - Income Crossfiled with: HOUSE BILL 1006
Sponsored By:
Senators Ruben, Brinkley, Britt, Colburn, Currie, Della, Dyson, Exum, Forehand, Frosh, Garagiola, Giannetti, Green, Grosfeld, Hafer, Hogan, Hollinger, Hughes, Jones, Kelley, Kramer, Lawlah, McFadden, Middleton, Munson, and Teitelbaum
Entitled:
Arts and Entertainment Districts - Tax Benefits

Synopsis:

Altering the definition of qualifying resident artist for the purpose of tax benefits available in arts and entertainment districts; altering a specified income tax subtraction modification allowed for specified income derived within an arts and entertainment district; expanding the types of buildings in specified arts and entertainment districts for which a property tax credit may be granted; etc.

History by Legislative Date

Senate Action
2/9
First Reading Senate Rules
2/21
Re-referred Budget and Taxation
3/10
Hearing 3/23 at 1:00 p.m.
3/28

Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/29
Third Reading Passed (43-4)
4/7
Senate Concur - House Amendments
Third Reading Passed (43-3)
Passed Enrolled
House Action
3/28
First Reading House Rules and Executive Nominations
4/4
Re-referred Ways and Means
4/5
Hearing 4/7 at 1:00 p.m.
4/9
Favorable with Amendments Report by Ways and Means
4/5
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/6
Third Reading Passed with Amendments (131-0)
Action after passage in Senate and House
4/26
Signed by the Governor Chapter 175

Sponsored by:

Senator Ida G. Ruben, District 20
Senator David R. Brinkley, District 4
Senator Gwendolyn Britt, District 47
Senator Richard F. Colburn, District 37
Senator Ulysses Currie, District 25
Senator George W. Della, Jr., District 46
Senator Roy P. Dyson, District 29
Senator Nathaniel Exum, District 24
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Rob Garagiola, District 15
Senator John A. Giannetti, Jr., District 21
Senator Leo E. Green, District 23
Senator Sharon M. Grosfeld, District 18
Senator John J. Hafer, District 1
Senator Patrick J. Hogan, District 39
Senator Paula C. Hollinger, District 11
Senator Ralph M. Hughes, District 40
Senator Verna L. Jones, District 44
Senator Delores G. Kelley, District 10
Senator Rona E. Kramer, District 14
Senator Gloria Lawlah, District 26
Senator Nathaniel J. McFadden, District 45
Senator Thomas M. Middleton, District 28
Senator Donald F. Munson, District 2
Senator Leonard H. Teitelbaum, District 19

Bill indexed under the following Subjects:

ART, MUSIC AND CULTURAL AFFAIRS -see also- MUSEUMS; THEATERS
EXEMPTIONS
INCOME TAX
PROPERTY TAX
SPECIAL TAX DISTRICTS
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development
( 4-701 )
Tax - General
( 10-207 )
Tax - Property
( 9-240 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 739032/01 (PDF)     Offered on: March 28, 2005   at: 10:05 p.m.     Status: Adopted
House
Number: 165869/01 (PDF)     Offered on: April 9, 2005   at: 1:03 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 29, 2005: Third Reading Passed (43-4)
April 7, 2005: Third Reading Passed (43-3)
House
April 6, 2005: Third Reading Passed (131-0)