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.
Senate Committee References:
- Commerce and Tourism (CM)
- Finance and Tax (FT)
- Appropriations (AP)
Bill History
Date | Chamber | Action |
---|---|---|
3/1/2019 | Senate |
• Filed |
3/8/2019 | Senate |
• Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 217 |
3/13/2019 | Senate |
• Introduced -SJ 216 |
3/20/2019 | Senate |
• On Committee agenda-- Commerce and Tourism, 03/25/19, 1:30 pm, 110 Senate Building |
3/25/2019 | Senate |
• Unfavorable by Commerce and Tourism; YEAS 2 NAYS 2 -SJ 266 |
3/26/2019 | Senate |
• Laid on Table |