HB 7009: Corporate Income Tax
GENERAL BILL by Finance and Tax Committee ; Sullivan ; (CO-INTRODUCERS) Campbell
Corporate Income Tax; Adopts 2015 version of Internal Revenue Code; incorporates reference to recent federal act into state law for purpose of defining "adjusted federal income"; revises treatment by this state of certain depreciation & expensing of assets that are allowed for federal income tax purposes; authorizes DOR to adopt emergency rules; provides retroactive applicability.
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/23/2015 | House |
• Filed |
| 2/26/2015 | House |
• Referred to Calendar -HJ 117 |
| 3/3/2015 | House |
• Introduced -HJ 117 |
| 3/13/2015 | House |
• Placed on Special Order Calendar, 03/17/15 |
| 3/17/2015 | House |
• Read 2nd time -HJ 244 • Placed on 3rd reading |
| 3/18/2015 | House |
• Read 3rd time -HJ 258 • Passed; YEAS 117 NAYS 0 -HJ 258 |
| 3/26/2015 | Senate |
• In Messages |
| 3/27/2015 | Senate |
• Referred to Finance and Tax; Fiscal Policy -SJ 279 |
| 3/31/2015 | Senate |
• Received -SJ 279 |
| 4/1/2015 | Senate |
• Withdrawn from Finance and Tax; Fiscal Policy -SJ 313 • Placed on Calendar, on 2nd reading -SJ 313 • Substituted for SB 7014 -SJ 313 • Read 2nd time -SJ 313 • Placed on 3rd reading |
| 4/2/2015 | Senate |
• Read 3rd time -SJ 328 • Passed; YEAS 37 NAYS 0 -SJ 328 |
| 4/8/2015 | House |
• Ordered enrolled -HJ 464 |
| 5/12/2015 |
• Signed by Officers and presented to Governor |
|
| 5/14/2015 |
• Approved by Governor |
|
| 5/15/2015 |
• Chapter No. 2015-35 |
