CS/HB 7185 (2011) -  Corporate Income Tax

General Bill by Economic Affairs Committee and Finance & Tax Committee and Precourt (CO-SPONSORS) Abruzzo; Bernard; Burgin; Campbell; Ford; Glorioso; Kiar; Patronis; Plakon; Young
Corporate Income Tax: Provides for adoption of 2011 version of Internal Revenue Code; specifies treatment by this state of certain depreciation & expensing of assets that are allowed for federal income tax purposes; authorizes executive director of DOR to adopt emergency rules; provides appropriation; provides for reversion & reappropriation; provides for retroactive application; increases amount of income exempt from taxation; amends amount of income exempt from franchise tax imposed on banks & savings associations.
Effective Date: June 24, 2011, except as otherwise provided
Last Event: 06/27/11 Chapter No. 2011-229 on Monday, June 27, 2011 9:28 AM

PCB committee actions:

  • PCB FTC 11-01 recommended by:
    Finance & Tax Committee

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1998 Subject: Corporate Income Tax Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 7/6/2011 9:33:27 AM
Chamber: House Committee: Economic Affairs Committee 4/11/2011 1:55:54 PM
Chamber: House Committee: Economic Affairs Committee 4/5/2011 6:48:08 PM
Chamber: House Committee: Finance & Tax Committee 3/27/2011 3:58:43 PM
Chamber: House Committee: Finance & Tax Committee 3/22/2011 5:06:20 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/28/2011 02:40 PM   Yeas: 103 Nays: 12 Action: Passage Action 2: Vote Detail: Vote [Seq# 349] Barcode:
Chamber: Senate Date: 05/03/2011 06:17 PM   Yeas: 39 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 66] Barcode:
Chamber: House Date: 05/05/2011 12:35 PM   Yeas: 109 Nays: 7 Action: Motion Action 2: Vote Detail: Vote [Seq# 552] Barcode:
Chamber: House Date: 05/05/2011 12:36 PM   Yeas: 110 Nays: 5 Action: Passage Action 2: Vote Detail: Vote [Seq# 553] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2011-229 Time: 06/27/2011 - 9:28 AM Member: Committee: Version: er
Event: Approved by Governor Time: 06/24/2011 - 6:52 AM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/09/2011 - 12:18 PM Member: Committee: Version: er
Event: H Ordered engrossed, then enrolled Time: 05/05/2011 - 12:36 PM Member: Committee: Version: c1
Event: H CS passed as amended; YEAS 110, NAYS 5 Time: 05/05/2011 - 12:35 PM Member: Committee: Version: c1
Event: H Amendment 211262 Concur Time: 05/05/2011 - 12:35 PM Member: Committee: Version: c1
Event: H Concurred in 1 amendment(s) Time: 05/05/2011 - 11:46 AM Member: Committee: Version: c1
Event: H Added to Senate Message List Time: 05/05/2011 - 9:01 AM Member: Committee: Version: c1
Event: H In Messages Time: 05/03/2011 - 7:22 PM Member: Committee: Version: c1
Event: S CS passed as amended; YEAS 39 NAYS 0 -SJ 778 Time: 05/03/2011 - 6:18 PM Member: Committee: Version: c1
Event: S Read 3rd time -SJ 778 Time: 05/03/2011 - 6:17 PM Member: Committee: Version: c1
Event: S Amendment(s) adopted (211262) -SJ 777 Time: 05/03/2011 - 6:17 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading Time: 05/03/2011 - 6:16 PM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 777 Time: 05/03/2011 - 6:16 PM Member: Committee: Version: c1
Event: S Substituted for CS/CS/SB 1998 -SJ 777 Time: 05/03/2011 - 6:16 PM Member: Committee: Version: c1
Event: S Withdrawn from Budget Subcommittee on Finance and Tax; Budget -SJ 777 Time: 05/03/2011 - 6:16 PM Member: Committee: Version: c1
Event: S Received -SJ 618 Time: 04/29/2011 - 7:58 PM Member: Committee: Version: c1
Event: S Referred to Budget Subcommittee on Finance and Tax; Budget -SJ 618 Time: 04/29/2011 - 6:30 PM Member: Committee: Version: c1
Event: S In Messages Time: 04/28/2011 - 3:01 PM Member: Committee: Version: c1
Event: H Message sent to senate Time: 04/28/2011 - 3:01 PM Member: Committee: Version: c1
Event: H CS passed; YEAS 103, NAYS 12 Time: 04/28/2011 - 2:40 PM Member: Committee: Version: c1
Event: H Passage on third reading Time: 04/28/2011 - 2:40 PM Member: Committee: Version: c1
Event: H Read 3rd time Time: 04/28/2011 - 2:39 PM Member: Committee: Version: c1
Event: H Read 2nd time Time: 04/28/2011 - 2:38 PM Member: Committee: Version: c1
Event: H Amendment 357649 withdrawn Time: 04/28/2011 - 11:05 AM Member: Committee: Version: c1
Event: H Amendment 357649 filed Time: 04/27/2011 - 1:33 PM Member: Committee: Version: c1
Event: H Bill added to Special Order Calendar (4/28/2011) Time: 04/26/2011 - 10:25 PM Member: Committee: Version: c1
Event: H Added to Second Reading Calendar Time: 04/12/2011 - 1:13 PM Member: Committee: Version: c1
Event: H Bill referred to House Calendar Time: 04/12/2011 - 1:13 PM Member: Committee: Version: c1
Event: H 1st Reading Time: 04/11/2011 - 5:40 PM Member: Committee: Version: c1
Event: H CS Filed Time: 04/11/2011 - 2:17 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 04/11/2011 - 2:17 PM Member: Committee: Version: __
Event: H Reported out of Economic Affairs Committee Time: 04/11/2011 - 1:56 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Favorable with CS by Economic Affairs Committee Time: 04/07/2011 - 11:00 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Added to Economic Affairs Committee agenda Time: 04/05/2011 - 4:07 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Now in Economic Affairs Committee Time: 03/29/2011 - 11:53 AM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Economic Affairs Committee Time: 03/29/2011 - 11:53 AM Member: Committee: Economic Affairs Committee Version: __
Event: H 1st Reading Time: 03/28/2011 - 6:03 PM Member: Committee: Version: __
Event: H Filed Time: 03/28/2011 - 8:02 AM Member: Committee: Finance & Tax Committee Version: __