Legislation

Title: Income Tax – Subtraction Modification – Entities That Provide Paid Sick Leave
Sponsored by: Senator Serafini
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the State income tax for the first $20,000 of nonpassive income received by a member of certain pass-through entities that meet certain requirements; providing that the subtraction modification applies only to the nonpassive income of a member of an eligible pass-through entity if certain conditions are met; providing that certain individuals and married couples with federal adjusted gross income in excess of certain amounts are not eligible for the subtraction modification; etc.

Committees

Original:: Budget and Taxation

Details

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 2/05/2018 Legislative Date 2/05/2018 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/07/2018 Legislative Date 2/07/2018 Action Hearing 3/07 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax – Subtraction Modification – Entities That Provide Paid Sick Leave Proceedings
Chamber Senate Calendar Date 2/28/2018 Legislative Date 2/28/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/28/2018 Legislative Date 2/28/2018 Action Hearing 3/08 at 2:45 p.m. Proceedings
Chamber Senate Calendar Date 3/06/2018 Legislative Date 3/06/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/06/2018 Legislative Date 3/06/2018 Action Hearing 3/08 at 2:15 p.m. Proceedings
Chamber Senate Calendar Date 3/07/2018 Legislative Date 3/07/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/07/2018 Legislative Date 3/07/2018 Action Hearing 3/08 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 3/08/2018 Legislative Date 3/08/2018 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/19/2018 Legislative Date 3/19/2018 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/05/2018	2/05/2018	First Reading Budget and Taxation
Senate	2/07/2018	2/07/2018	Hearing 3/07 at 1:00 p.m.
			Text - First - Income Tax – Subtraction Modification – Entities That Provide Paid Sick Leave
Senate	2/28/2018	2/28/2018	Hearing canceled
Senate	2/28/2018	2/28/2018	Hearing 3/08 at 2:45 p.m.
Senate	3/06/2018	3/06/2018	Hearing canceled
Senate	3/06/2018	3/06/2018	Hearing 3/08 at 2:15 p.m.
Senate	3/07/2018	3/07/2018	Hearing canceled
Senate	3/07/2018	3/07/2018	Hearing 3/08 at 2:00 p.m.
Senate	3/08/2018	3/08/2018	Hearing canceled
Senate	3/19/2018	3/19/2018	Withdrawn by Sponsor

File Code

Subjects

Statutes