CS/SB 2504 (2009) -  Corporate Income Tax [WPSC]

General Bill by Finance and Tax and Altman
Corporate Income Tax [WPSC]: Provides for the adoption of the 2009 version of the Internal Revenue Code. Provides exceptions. Revises the definition of the term "adjusted federal income" for purposes of specifying the treatment by this state of certain provisions dealing with depreciation and expensing of assets and deferral of income that are allowed for federal income tax purposes. Authorizes the Department of Revenue to adopt rules. Provides for retroactive operation.
Effective Date: 06/16/2009
Last Event: 06/16/09 Approved by Governor; Chapter No. 2009-192; See also SB 1112 (Ch. 2009-18) on Tuesday, June 16, 2009 4:27 PM

Referred Committees and Committee Actions

Senate Referrals

  • Finance and Tax
    • On agenda for: 04/20/09 1:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: HB 5127 Subject: Corporate Income Tax Relationship: Similar
Bill #: SB 1112 Subject: Corporate Income Tax [WPSC] Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Finance and Tax 4/22/2009 9:53:45 AM
Chamber: Senate Committee: Finance and Tax 4/17/2009 4:25:17 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/27/2009 03:04 PM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 28] Barcode:
Chamber: House Date: 04/29/2009 09:54 AM   Yeas: 117 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 358] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Approved by Governor; Chapter No. 2009-192; See also SB 1112 (Ch. 2009-18) Time: 06/16/2009 - 4:27 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/03/2009 - 11:49 AM Member: Committee: Version: er
Event: S Ordered enrolled -SJ 00837 Time: 04/29/2009 - 12:26 PM Member: Committee: Version: er
Event: H Message sent to senate Time: 04/29/2009 - 12:15 PM Member: Committee: Version: c1
Event: H Passage on third reading Time: 04/29/2009 - 9:55 AM Member: Committee: Version: c1
Event: H CS passed; YEAS 117, NAYS 0 Time: 04/29/2009 - 9:54 AM Member: Committee: Version: c1
Event: H Read 3rd time Time: 04/29/2009 - 9:54 AM Member: Committee: Version: c1
Event: H Added to Third Reading Calendar Time: 04/28/2009 - 11:54 AM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/28/2009 - 9:33 AM Member: Committee: Version: c1
Event: H 1st Reading Time: 04/27/2009 - 11:59 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/28/2009) Time: 04/27/2009 - 9:53 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 04/27/2009 - 9:08 PM Member: Committee: Version: c1
Event: H In Messages Time: 04/27/2009 - 4:16 PM Member: Committee: Version: c1
Event: S CS passed; YEAS 39 NAYS 0 -SJ 00610 Time: 04/27/2009 - 3:04 PM Member: Committee: Version: er
Event: S Read 3rd time -SJ 00610 Time: 04/27/2009 - 3:03 PM Member: Committee: Version: er
Event: S Read 2nd time -SJ 00587 Time: 04/24/2009 - 5:05 PM Member: Committee: Version: er
Event: S Placed on Special Order Calendar Time: 04/22/2009 - 2:35 PM Member: Committee: Version: er
Event: S Placed on Calendar, on 2nd reading -SJ 00466 Time: 04/21/2009 - 7:42 PM Member: Committee: Version: er
Event: S Original reference(s) removed: Commerce; General Government Appropriations; Policy & Steering Committee on Ways and Means; Rules Time: 04/21/2009 - 7:41 PM Member: Committee: Version: er
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 04/21/2009 - 5:54 PM Member: Committee: Version: er
Event: S CS read 1st time on 04/22/09 -SJ 00462 Time: 04/20/2009 - 3:57 PM Member: Committee: Version: er
Event: S CS by Finance and Tax; YEAS 5 NAYS 0 -SJ 00455 Time: 04/20/2009 - 3:57 PM Member: Committee: Version: er
Event: S On Committee agenda-- Finance and Tax, 04/20/09, 1:30 pm, 301-S Time: 04/15/2009 - 7:46 PM Member: Committee: Version: er
Event: S Introduced -SJ 00198 Time: 03/20/2009 - 8:30 AM Member: Committee: Version: er
Event: S Referred to Finance and Tax; Commerce; General Government Appropriations; Policy & Steering Committee on Ways and Means; Rules -SJ 00198 Time: 03/12/2009 - 6:58 PM Member: Committee: Version: er
Event: S Filed Time: 02/27/2009 - 4:45 PM Member: Committee: Version: er

Statutes Referenced by this Bill

Statute Other Bill Citations
0220.03 SB 1112, SB 2270, CS/SB 2546
0220.13 SB 312, SB 1112, CS/CS/SB 1502, CS/SB 1526, CS/SB 1644, CS/SB 2156, SB 2270, CS/SB 2546