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Glossary of Legislative Terms

CS/SB 878: Corporate Taxable Income Adjustments

GENERAL BILL by Commerce and Tourism ; Gruters

Corporate Taxable Income Adjustments; Providing that, for the purposes of calculating adjusted federal income, motor vehicle rental or leasing companies are not required to add to their taxable income certain amounts deducted for federal income tax purposes as bonus depreciation; providing retroactive applicability, etc.

Effective Date: Upon becoming a law
 Last Action: 5/3/2019 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Finance and Tax (FT)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
2/7/2019 Senate • Filed
2/19/2019 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 97
2/25/2019 Senate • On Committee agenda-- Commerce and Tourism, 03/04/19, 1:00 pm, 110 Senate Building
3/4/2019 Senate • CS by Commerce and Tourism; YEAS 4 NAYS 0 -SJ 159
3/5/2019 Senate • Introduced -SJ 97
• Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/7/2019 Senate • Now in Finance and Tax
• CS by Commerce and Tourism read 1st time -SJ 192
5/3/2019 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Finance and Tax