SB 1222: Corporate Income Tax/Reduction & Future Repeal
GENERAL BILL by Norman
Corporate Income Tax/Reduction & Future Repeal; Provides for incremental reductions of the corporate income tax effective on specified dates. Provides for future repeal of part I of chapter 220, F.S., relating to the chapter title, legislative intent, and definitions, and part II of chapter 220, F.S., relating to the imposition and apportionment of the corporate income tax. Provides legislative findings, intent, and application, etc.
Last Action: 5/7/2011 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
- Budget (BC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/18/2011 | Senate |
• Filed |
| 3/7/2011 | Senate |
• Referred to Commerce and Tourism; Budget -SJ 91 |
| 3/8/2011 | Senate |
• Introduced -SJ 91 |
| 5/7/2011 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Commerce and Tourism |
Related Bills
| Bill Number | Subject | Filed By | Relationship | Last Action and Location | Track Bills |
|---|---|---|---|---|---|
| H 503 | Reduction & Future Repeal/Corporate Income Tax | Harrison | Identical |
Last Action: 5/7/2011 H Died in Finance and Tax Committee
Location: In committee/council (FTC) |
|
| S 1236 | State Revenues | Richter | Compare |
Last Action: 5/7/2011 S Died in Commerce and Tourism
Location: In committee/council (CM) |
|
Committee Amendments
Floor Amendments
Bill Analyses
No Bill Analyses AvailableVote History - Committee
No Committee Vote History AvailableVote History - Floor
No Vote History AvailableCitations - Statutes (84)
| Citation | Catchline | Location in Bill Location In Bill Help |
|---|---|---|
| 220.02 | Legislative intent. | Page 4 (pdf) |
| 220.03 | Definitions. | Page 4 (pdf) |
| 220.11 | Tax imposed. | Page 2 (pdf) |
| 220.11 | Tax imposed. | Page 4 (pdf) |
| 220.12 | “Net income” defined. | Page 4 (pdf) |
| 220.13 | “Adjusted federal income” defined. | Page 4 (pdf) |
| 220.131 | Adjusted federal income; affiliated groups. | Page 4 (pdf) |
| 220.14 | Exemption. | Page 4 (pdf) |
| 220.15 | Apportionment of adjusted federal income. | Page 4 (pdf) |
| 220.1501 | Rulemaking authority to implement s. 220.15(2)(c), (4)(c), and (8). | Page 4 (pdf) |
| 220.151 | Apportionment; methods for special industries. | Page 4 (pdf) |
| 220.152 | Apportionment; other methods. | Page 4 (pdf) |
| 220.16 | Allocation of nonbusiness income. | Page 4 (pdf) |
| 220.181 | Enterprise zone jobs credit. | Page 4 (pdf) |
| 220.182 | Enterprise zone property tax credit. | Page 4 (pdf) |
| 220.183 | Community contribution tax credit. | Page 4 (pdf) |
| 220.184 | Hazardous waste facility tax credit. | Page 4 (pdf) |
| 220.1845 | Contaminated site rehabilitation tax credit. | Page 4 (pdf) |
| 220.185 | State housing tax credit. | Page 4 (pdf) |
| 220.186 | Credit for Florida alternative minimum tax. | Page 4 (pdf) |
| 220.1875 | Credit for contributions to eligible nonprofit scholarship-funding organizations. | Page 4 (pdf) |
| 220.1895 | Rural Job Tax Credit and Urban High-Crime Area Job Tax Credit. | Page 4 (pdf) |
| 220.1896 | Jobs for the Unemployed Tax Credit Program. | Page 4 (pdf) |
| 220.1899 | Entertainment industry tax credit. | Page 4 (pdf) |
| 220.19 | Child care tax credits. | Page 4 (pdf) |
| 220.191 | Capital investment tax credit. | Page 4 (pdf) |
| 220.192 | Renewable energy technologies investment tax credit. | Page 4 (pdf) |
| 220.193 | Florida renewable energy production credit. | Page 4 (pdf) |
| 220.21 | Returns and records; regulations. | Page 5 (pdf) |
| 220.211 | Penalties; incomplete return. | Page 5 (pdf) |
| 220.22 | Returns; filing requirement. | Page 5 (pdf) |
| 220.221 | Returns; signing and verification. | Page 5 (pdf) |
| 220.222 | Returns; time and place for filing. | Page 5 (pdf) |
| 220.23 | Federal returns. | Page 5 (pdf) |
| 220.24 | Declaration of estimated tax. | Page 5 (pdf) |
| 220.241 | Declaration; time for filing. | Page 5 (pdf) |
| 220.242 | Declaration as return. | Page 5 (pdf) |
| 220.31 | Payments; due date. | Page 5 (pdf) |
| 220.32 | Payments of tentative tax. | Page 5 (pdf) |
| 220.33 | Payments of estimated tax. | Page 5 (pdf) |
| 220.34 | Special rules relating to estimated tax. | Page 5 (pdf) |
| 220.41 | Taxable year. | Page 5 (pdf) |
| 220.42 | Methods of accounting. | Page 5 (pdf) |
| 220.43 | Reference to federal determinations. | Page 5 (pdf) |
| 220.44 | Adjustments. | Page 5 (pdf) |
| 220.51 | Promulgation of rules and regulations. | Page 5 (pdf) |
| 220.52 | Arrangement and captions. | Page 5 (pdf) |
| 220.54 | Administration of law. | Page 5 (pdf) |
| 220.64 | Other provisions applicable to franchise tax. | Page 5 (pdf), Page 6 (pdf) |
| 220.701 | Collection authority. | Page 5 (pdf) |
| 220.703 | Assessment. | Page 5 (pdf) |
| 220.705 | Limitation on assessment. | Page 5 (pdf) |
| 220.707 | Notice and demand. | Page 5 (pdf) |
| 220.709 | Deficiency determinations. | Page 5 (pdf) |
| 220.711 | Notice of deficiency. | Page 5 (pdf) |
| 220.713 | Assessment after notice. | Page 5 (pdf) |
| 220.715 | Waiver of restrictions on assessment. | Page 5 (pdf) |
| 220.717 | Protest of proposed assessment. | Page 5 (pdf) |
| 220.719 | Jeopardy assessments. | Page 5 (pdf) |
| 220.721 | Overpayments; credits. | Page 5 (pdf) |
| 220.723 | Overpayments; interest. | Page 5 (pdf) |
| 220.725 | Overpayments; refunds. | Page 5 (pdf) |
| 220.727 | Limitations on claims for refund. | Page 5 (pdf) |
| 220.731 | Investigations. | Page 5 (pdf) |
| 220.733 | Actions to recover taxes. | Page 5 (pdf) |
| 220.735 | Production of witnesses and records. | Page 5 (pdf) |
| 220.737 | Amounts less than $1. | Page 5 (pdf) |
| 220.739 | Procedure for notices. | Page 5 (pdf) |
| 220.801 | Penalties; failure to timely file returns. | Page 5 (pdf) |
| 220.803 | Penalties; failure to pay tax. | Page 5 (pdf) |
| 220.805 | Assessment of penalties. | Page 5 (pdf) |
| 220.807 | Determination of rate of interest. | Page 5 (pdf) |
| 220.809 | Interest on deficiencies. | Page 5 (pdf) |
| 220.813 | Liens; attachment and notice. | Page 5 (pdf) |
| 220.815 | Liens; priority and filing. | Page 5 (pdf) |
| 220.819 | Liens; release. | Page 5 (pdf) |
| 220.821 | Liens; certificates of release. | Page 5 (pdf) |
| 220.823 | Liens; costs. | Page 5 (pdf) |
| 220.825 | Liens; foreclosure. | Page 5 (pdf) |
| 220.827 | Collection procedures. | Page 5 (pdf) |
| 220.829 | Liability of transferees. | Page 5 (pdf) |
| 220.901 | Willful and fraudulent acts. | Page 5 (pdf) |
| 220.903 | Willful failure to pay over. | Page 5 (pdf) |
| 220.905 | Aiding and abetting. | Page 5 (pdf) |
Citations - Constitution (0)
No Constitutional citations.
Citations - Chapter Law (0)
No Chapter Law citations.
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