The Florida Senate

HB 1199: Corporate Income Tax

GENERAL BILL by Metz

Corporate Income Tax; Provides for apportionment of certain taxpayer's adjusted federal income solely by sales factor; provides for eligibility based on taxpayer's capital expenditures & number of full-time employees; provides application process; authorizes DOR to examine & verify that taxpayer has correctly apportioned its taxes; conforms provisions to changes made by act; authorizes OTTED to approve & revoke approval of application; provides for recapture of unpaid taxes, interest, & penalties; authorizes office & department to adopt rules.

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• Bill History

  Date	Chamber	Action
  3/4/2011	House	• Filed
  3/8/2011	House	• Introduced -HJ 105
  3/14/2011	House	• Referred to Finance and Tax Committee; Rulemaking and Regulation Subcommittee; Economic Affairs Committee -HJ 220
  5/7/2011	House	• Indefinitely postponed and withdrawn from consideration • Died in Finance and Tax Committee, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)

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• HB 1199, Original Filed Version (Current Bill Version) Posted 3/4/2011 at 8:02 AM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Related Bills (3)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  S 1506 (c1)	Corporate Income Tax	Ring	Similar	Last Action: 5/7/2011 S Died in Budget, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) Location: In committee/council (BC)
  H 143 (er)	Economic Development	Workman	Compare	Last Action: 5/31/2011 Chapter No. 2011-76 Location: Became Law
  H 7203 (e1)	Economic Development	Finance and Tax Committee	Compare	Last Action: 5/7/2011 H Died in House, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) Location:

  Citations - Statutes (2)

  Citation	Catchline	Location in Bill Location In Bill Help
  220.131	Adjusted federal income; affiliated groups.	Page 1 (pdf)
  220.153		Page 2 (pdf)

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