HB 1199 (2011) -  Corporate Income Tax

General Bill by Metz
Corporate Income Tax: Provides for apportionment of certain taxpayer's adjusted federal income solely by sales factor; provides for eligibility based on taxpayer's capital expenditures & number of full-time employees; provides application process; authorizes DOR to examine & verify that taxpayer has correctly apportioned its taxes; conforms provisions to changes made by act; authorizes OTTED to approve & revoke approval of application; provides for recapture of unpaid taxes, interest, & penalties; authorizes office & department to adopt rules.
Effective Date: July 1, 2011
Last Event: Died in Finance & Tax Committee; companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) on Saturday, May 7, 2011 2:07 AM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1506 Subject: Corporate Income Tax Relationship: Similar
Bill #: CS/HB 143 Subject: Economic Development Relationship: Compare
Bill #: HB 7203 Subject: Economic Development Relationship: Compare

Bill Text

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Finance & Tax Committee; companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) Time: 05/07/2011 - 2:07 AM Member: Committee: Finance & Tax Committee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 05/07/2011 - 12:01 AM Member: Committee: Version: __
Event: H Now in Finance & Tax Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Finance & Tax Committee Version: __
Event: H Referred to Economic Affairs Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Rulemaking & Regulation Subcommittee Time: 03/14/2011 - 11:28 AM Member: Committee: Rulemaking & Regulation Subcommittee Version: __
Event: H Referred to Finance & Tax Committee Time: 03/14/2011 - 11:28 AM Member: Committee: Finance & Tax Committee Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Filed Time: 03/04/2011 - 8:02 AM Member: Metz Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.131 SB 1222, CS/SB 1506, HB 7203*
220.15 SB 1222, HB 7203*
220.153 CS/SB 1506, HB 7203*

(*) Not the latest version