SB 1692: Corporate Income Tax
GENERAL BILL by Rodriguez
Corporate Income Tax; Revising the definition of the term “taxpayer”; revising the definition of the term “adjusted federal income” to prohibit specified deductions, to limit certain carryovers, and to require subtractions of certain dividends paid and received within a water’s edge group for the purpose of determining subtractions from taxable income; specifying circumstances under which a corporation is presumed to be, deemed to be, or deemed not to be a member of a water’s edge group, etc.
- Commerce and Tourism (CM)
- Finance and Tax (FT)
- Appropriations (AP)
• Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 217
• Introduced -SJ 216
• On Committee agenda-- Commerce and Tourism, 03/25/19, 1:30 pm, 110 Senate Building
• Unfavorable by Commerce and Tourism; YEAS 2 NAYS 2 -SJ 266
• Laid on Table
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.