SB 1406 (2010) -  Taxation [WPSC]

by Lawson
Recreates the annual intangible personal property tax. Provides for imposition of the annual tax. Provides requirements for the basis of assessments and valuation of intangible personal property. Provides for a credit for taxes imposed by other states. Specifies requirements for taxable situs of intangible personal property. Provides rules and criteria to determine if a corporation is a member of a water's edge group, etc.
Effective Date: 07/01/2010 except as otherwise provided
Last Event: 04/30/10 S Died in Committee on Banking and Insurance, companion bill(s) passed, see CS/SB 2126 (Ch. 2010-24) on Friday, April 30, 2010 8:47 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
  • Finance and Tax
  • General Government Appropriations
  • Policy and Steering Committee on Ways and Means

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Committee on Banking and Insurance, companion bill(s) passed, see CS/SB 2126 (Ch. 2010-24) Time: 04/30/2010 - 8:47 PM Member: Committee: Version: __
Event: S Introduced, referred to Banking and Insurance; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00099 Time: 03/01/2010 - 7:29 PM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means Time: 02/03/2010 - 2:59 PM Member: Committee: Version: __
Event: S Filed Time: 01/26/2010 - 2:17 PM Member: Committee: Version: __