SB 704: Business Entities
GENERAL BILL by Klein
Business Entities; removes 10-year limit on voting trusts; creates holding company formation by merger by certain corporations; provides for mergers of domestic corporations & other business entities, limited liability companies & domestic limited partnerships under certain circumstances; provides legislative intent re taxation of "qualified subchapter S subsidiary"; exempts certain limited liability companies from corporate income tax, etc. Amends FS.
Effective Date: 07/01/1998
Last Action: 5/22/1998 - Became Law without Governor's Signature; Chapter No. 98-101; See also CS/HB 4413 (Ch. 98-342), CS/SB 608 (Ch. 98-100)
Bill Text: Web Page | PDF
Last Action: 5/22/1998 - Became Law without Governor's Signature; Chapter No. 98-101; See also CS/HB 4413 (Ch. 98-342), CS/SB 608 (Ch. 98-100)
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/20/1998 | Senate |
• Prefiled |
| 1/28/1998 | Senate |
• Referred to Commerce and Economic Opportunities; Ways and Means |
| 3/3/1998 | Senate |
• Introduced, referred to Commerce and Economic Opportunities; Ways and Means -SJ 00048; On Committee agenda-- Commerce and Economic Opportunities, 03/04/98, 9:00 am, Room-EL |
| 3/4/1998 | Senate |
• Comm. Action: Favorable by Commerce and Economic Opportunities -SJ 00119; Now in Ways and Means -SJ 00119 |
| 3/23/1998 | Senate |
• On Committee agenda-- Ways and Means, 03/26/98, 2:30 pm, Room-EL --Not considered |
| 3/27/1998 | Senate |
• On Committee agenda-- Ways and Means, 04/01/98, 12:30 pm, Room-EL |
| 4/1/1998 | Senate |
• Comm. Action:-Favorable by Ways and Means -SJ 00374 |
| 4/2/1998 | Senate |
• Placed on Calendar -SJ 00374 |
| 4/28/1998 | Senate |
• Placed on Special Order Calendar -SJ 01092 |
| 4/29/1998 | Senate |
• Placed on Special Order Calendar -SJ 01092; Read second time -SJ 01123; Amendment(s) adopted -SJ 01124; Read third time -SJ 01134; Passed as amended; YEAS 39 NAYS 0 -SJ 01134 |
| 4/29/1998 | House |
• In Messages |
| 4/30/1998 | House |
• Received -HJ 01749; Read second and third times -HJ 01750; Passed; YEAS 108 NAYS 0 -HJ 01750 |
| 4/30/1998 | Senate |
• Ordered enrolled -SJ 01526 |
| 5/6/1998 |
• Signed by Officers and presented to Governor |
|
| 5/22/1998 |
• Became Law without Governor's Signature; Chapter No. 98-101; See also CS/HB 4413 (Ch. 98-342), CS/SB 608 (Ch. 98-100) |
605766 - Amendment to Amendment (562918)