HB 1247: Corporate Income Tax
GENERAL BILL by Randolph ; (CO-INTRODUCERS) Schwartz
Corporate Income Tax; Prohibits specified deductibles for specified water's edge group members; provides additional subtraction from adjusted federal income; defines term "water's edge group reporting method"; requires water's edge group members to use specified group income reporting method; provides methodology requirements & return filing requirements; requires domestic disclosure spreadsheet filing requirements, etc. APPROPRIATION: Indeterminate.
Effective Date: 07/01/2009
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Criminal & Civil Justice Policy Council
Bill Text: Web Page | PDF
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Criminal & Civil Justice Policy Council
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/26/2009 | House |
• Filed |
| 3/3/2009 | House |
• Introduced -HJ 00099 |
| 3/9/2009 | House |
• Referred to Criminal & Civil Justice Policy Council; Finance & Tax Council; Government Operations Appropriations (CGHC); Full Appropriations Council on General Government & Health Care -HJ 00191 |
| 5/2/2009 | House |
• Indefinitely postponed and withdrawn from consideration; Died in Criminal & Civil Justice Policy Council |