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HB 401: Tax-Exempt Income

GENERAL BILL by Spano ; (CO-INTRODUCERS) Raburn ; Raulerson ; Rodrigues, R.

Tax-Exempt Income; Revises amount of income that is exempt from corporate income tax; revises amount of income that is exempt from franchise tax imposed on banks & savings associations; provides for applicability.

Effective Date: 1/1/2014
Last Action: 5/3/2013 House - Died in Finance and Tax Subcommittee
Bill Text: PDF



Bill History

Date Chamber Action
1/22/2013 House • Filed
1/30/2013 House • Referred to Finance and Tax Subcommittee; Economic Development and Tourism Subcommittee; Appropriations Committee -HJ 51
3/5/2013 House • Introduced -HJ 51
5/3/2013 House • Died in Finance and Tax Subcommittee