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Glossary of Legislative Terms

CS/SB 76: Tax-exempt Income

GENERAL BILL by Banking and Insurance ; Hukill

Tax-exempt Income; Increasing the amount of income that is exempt from the corporate income tax; increasing the amount of income that is exempt from the franchise tax imposed on banks and savings associations, etc.

Effective Date: 1/1/2017
 Last Action: 3/11/2016 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Finance and Tax (FT)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
8/3/2015 Senate • Filed
8/19/2015 Senate • Referred to Banking and Insurance; Finance and Tax; Appropriations -SJ 9
9/28/2015 Senate • On Committee agenda-- Banking and Insurance, 10/06/15, 10:00 am, 110 Senate Office Building
10/6/2015 Senate • CS by Banking and Insurance; YEAS 7 NAYS 2 -SJ 127
10/7/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Finance and Tax -SJ 127
10/12/2015 Senate • On Committee agenda-- Finance and Tax, 10/20/15, 9:00 am, 401 Senate Office Building
10/20/2015 Senate • Favorable by Finance and Tax; YEAS 8 NAYS 0 -SJ 124
10/21/2015 Senate • Now in Appropriations -SJ 124
1/12/2016 Senate • Introduced -SJ 9
• CS by Banking and Insurance read 1st time -SJ 106
3/11/2016 Senate • Died in Appropriations