SB 2270 (2009) -  Corporate Income Tax/Water's Edge Group [WPSC]

General Bill by Gelber (CO-SPONSORS) Rich
Corporate Income Tax/Water's Edge Group [WPSC]: Requires the subtraction of certain dividends from taxable income. Provides rules and criteria to determine if a corporation is a member of a water's edge group. Provides a reporting method for such group. Provides for the apportionment of income to the state. Deletes provisions relating to affiliated groups with respect to certain sales of a financial institution, etc.
Effective Date: 07/01/2009
Last Event: 05/02/09 S Died in Committee on Policy & Steering Committee on Ways and Means on Saturday, May 2, 2009 12:00 AM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce
    • On agenda for: 04/01/09 4:00 PM
    • Favorable (final action) Votes: Yeas 10   Nays 0
  • Finance and Tax
    • On agenda for: 04/15/09 9:45 AM
    • Favorable (final action) Votes: Yeas 4   Nays 1
  • General Government Appropriations
    • On agenda for: 04/20/09 1:30 PM
    • Favorable (final action) Votes: Yeas 3   Nays 2
  • Policy and Steering Committee on Ways and Means

Related Bills

Bill # Subject Relationship
Bill #: HB 1247 Subject: Corporate Income Tax Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: General Government Appropriations 4/21/2009 12:35:32 PM
Chamber: Senate Committee: Finance and Tax 4/15/2009 3:30:12 PM
Chamber: Senate Committee: Commerce 4/2/2009 9:00:00 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Committee on Policy & Steering Committee on Ways and Means Time: 05/02/2009 - 12:00 AM Member: Committee: Version: __
Event: S Indefinitely postponed and withdrawn from consideration Time: 05/02/2009 - 12:00 AM Member: Committee: Version: __
Event: S Now in Policy & Steering Committee on Ways and Means -SJ 00412 Time: 04/21/2009 - 2:35 PM Member: Committee: Version: __
Event: S Favorable by General Government Appropriations; YEAS 3 NAYS 2 -SJ 00412 Time: 04/20/2009 - 4:38 PM Member: Committee: Version: __
Event: S On Committee agenda-- General Government Appropriations, 04/20/09, 1:30 pm, 401-S Time: 04/15/2009 - 7:35 PM Member: Committee: Version: __
Event: S Now in General Government Appropriations -SJ 00394 Time: 04/15/2009 - 4:02 PM Member: Committee: Version: __
Event: S Favorable by Finance and Tax; YEAS 4 NAYS 1 -SJ 00394 Time: 04/15/2009 - 12:16 PM Member: Committee: Version: __
Event: S On Committee agenda-- Finance and Tax, 04/15/09, 9:45 am, 301-S Time: 04/08/2009 - 1:31 PM Member: Committee: Version: __
Event: S Now in Finance and Tax -SJ 00291 Time: 04/02/2009 - 2:27 PM Member: Committee: Version: __
Event: S Favorable by Commerce; YEAS 10 NAYS 0 -SJ 00291 Time: 04/01/2009 - 6:29 PM Member: Committee: Version: __
Event: S On Committee agenda-- Commerce, 04/01/09, 4:00 pm, 401-S Time: 03/27/2009 - 3:49 PM Member: Committee: Version: __
Event: S Introduced -SJ 00179 Time: 03/20/2009 - 8:26 AM Member: Committee: Version: __
Event: S Referred to Commerce; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00179 Time: 03/10/2009 - 3:31 PM Member: Committee: Version: __
Event: S Filed Time: 02/26/2009 - 12:01 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
0220.03 SB 1112, CS/SB 2504, CS/SB 2546
0220.13 SB 312, SB 1112, CS/CS/SB 1502, CS/SB 1526, CS/SB 1644, CS/SB 2156, CS/SB 2504, CS/SB 2546
0220.131 CS/SB 2546
0220.136
0220.1363
0220.14
0220.15 CS/SB 2546
0220.183
0220.1845
0220.187 SB 916, CS/CS/SB 1310, SB 2564
0220.191 CS/CS/CS/SB 2034
0220.192 CS/SB 2578
0220.193
0220.51 CS/SB 2546
0220.64 CS/SB 2546