SENATE BILL 793

File Code: Taxes - Income

Sponsored By:

Senators Garagiola, Colburn, and King

Entitled:

Corporate Income Tax - Rate in Economically Depressed Counties

Synopsis:

Reducing the State corporate income tax rate from 8.25% to 6% for income attributable to operations of a corporation in a qualified distressed county; applying the Act to taxable years beginning after December 31, 2011; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.

Senate Action

2/3

First Reading Budget and Taxation

2/8

Hearing 3/14 at 1:00 p.m.

3/15

Hearing 3/19 at 2:00 p.m.

3/23

Unfavorable Report by Budget and Taxation

House Action

No Action

Sponsored by:

Senator Rob Garagiola, District 15

Senator Richard F. Colburn, District 37

Senator Nancy J. King, District 39

Bill indexed under the following Subjects:

Corporations -see also- Municipal Corps; Public Corps & Inst

Counties -see also- Chartered Counties; Code Counties

Income Tax

Bill affects the following Statute:

Tax - General

( 10-105 )

Documents

All documents except Roll Call Votes are displayed in PDF format:

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

Senate

Budget and Taxation