Legislation

Title: Income Tax - Electronic Filing - Designation to Purchase Federal Savings Bonds
Sponsored by: Senator Klausmeier
Status: Approved by the Governor - Chapter 506
Analysis: Fiscal and Policy Note

Synopsis

Allowing an individual who files an income tax return electronically to elect to use all or a portion of the individual's income tax refund to purchase U.S. Series I Savings Bonds; specifying that the individual must make the designation in $50 increments; requiring the Comptroller to send any remaining portion of the individual's refund to the individual; requiring the Comptroller to adopt specified regulations; and applying the Act to taxable years beginning after December 31, 2014.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means

Details

Cross-filed with: HB0644

Bill File Type: Regular

Effective Date(s): July 1, 2013

History

Legislation History
Chamber Senate Calendar Date 2/01/2013 Legislative Date 2/01/2013 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/13/2013 Legislative Date 2/13/2013 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/11/2013 Legislative Date 3/11/2013 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/12/2013 Legislative Date 3/12/2013 Action Favorable Report Adopted Proceedings 43
Chamber Senate Calendar Date 3/12/2013 Legislative Date 3/12/2013 Action Second Reading Passed Proceedings 43
Chamber Senate Calendar Date 3/14/2013 Legislative Date 3/14/2013 Action Third Reading Passed (46-0) Proceedings 45
Chamber House Calendar Date 3/14/2013 Legislative Date 3/14/2013 Action First Reading Ways and Means Proceedings 47
Chamber House Calendar Date 3/27/2013 Legislative Date 3/28/2013 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/28/2013 Legislative Date 3/24/2013 Action Favorable Report Adopted Proceedings 57
Chamber House Calendar Date 3/28/2013 Legislative Date 3/24/2013 Action Second Reading Passed Proceedings 57
Chamber House Calendar Date 4/02/2013 Legislative Date 3/27/2013 Action Third Reading Passed (139-1) Proceedings 60
Chamber Senate Calendar Date 4/03/2013 Legislative Date 3/29/2013 Action Returned Passed Proceedings 60
Chamber Post Passage Calendar Date 5/16/2013 Legislative Date 5/16/2013 Action Approved by the Governor - Chapter 506 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/01/2013	2/01/2013	First Reading Budget and Taxation
Senate	2/13/2013	2/13/2013	Hearing 3/06 at 1:00 p.m.
Senate	3/11/2013	3/11/2013	Favorable Report by Budget and Taxation
Senate	3/12/2013	3/12/2013	Favorable Report Adopted	43
Senate	3/12/2013	3/12/2013	Second Reading Passed	43
Senate	3/14/2013	3/14/2013	Third Reading Passed (46-0)	45
House	3/14/2013	3/14/2013	First Reading Ways and Means	47
House	3/27/2013	3/28/2013	Favorable Report by Ways and Means
House	3/28/2013	3/24/2013	Favorable Report Adopted	57
House	3/28/2013	3/24/2013	Second Reading Passed	57
House	4/02/2013	3/27/2013	Third Reading Passed (139-1)	60
Senate	4/03/2013	3/29/2013	Returned Passed	60
Post Passage	5/16/2013	5/16/2013	Approved by the Governor - Chapter 506

Documents

Date Posted	Document Name
2/05/2013	Text - First - Income Tax - Electronic Filing - Designation to Purchase Federal Savings Bonds
3/12/2013	Text - Third - Income Tax - Electronic Filing - Designation to Purchase Federal Savings Bonds
5/23/2013	Text - Chapter - Income Tax - Electronic Filing - Designation to Purchase Federal Savings Bonds
3/12/2013	Vote - Senate - Committee - Budget and Taxation
3/28/2013	Vote - House - Committee - Ways and Means
3/14/2013	Vote - Senate Floor - Third Reading Passed (46-0) - 03/14/13
3/27/2013	Vote - House Floor - Third Reading Passed (139-1) - 03/27/13

File Code

Subjects

Statutes