CS/CS/CS/SB 1108 (2012) -  Taxation

General Bill by Budget Subcommittee on Finance and Tax and Community Affairs and Commerce and Tourism and Altman
Taxation: Providing an exemption from intangible tax for lessees performing a governmental, municipal, or public purpose or function; providing for retroactive application; exempting certain items used to manufacture, produce, or modify aircraft engines and gas turbine engines and parts from the tax on sales, use, and other transactions; revising provisions relating to an exemption for machinery and equipment used to increase productive output; increasing the amount of income that is exempt from taxation etc.
Effective Date: except as otherwise expressly provided in this act, this act shall take effect July 1, 2012
Last Event: 03/09/12 S Died in Budget, companion bill(s) passed, see HB 7087 (Ch. 2012-32) on Friday, March 9, 2012 11:59 PM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce and Tourism
    • On agenda for: 02/02/12 3:15 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 6   Nays 0
  • Community Affairs
    • On agenda for: 02/13/12 10:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 8   Nays 0
  • Budget Subcommittee on Finance and Tax
    • On agenda for: 02/23/12 8:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 4   Nays 0
  • Budget

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 939 Subject: Exemptions from the Tax on Sales, Use, & Other Transactions Relationship: Compare
Bill #: HB 7087 Subject: Economic Development Relationship: Compare
Bill #: CS/SB 1384 Subject: Taxes Relationship: Compare

Bill Text

  • Committee Substitute 3
  • Committee Substitute 2
    • A 122096 , Budget Subcommittee on Finance and Tax, Altman Date Filed: 02/21/12, Line#: 70 Senate(c): Replaced by Committee Substitute 02/24/2012 04:35 PM
    • A 116190 , Budget Subcommittee on Finance and Tax, Altman Date Filed: 02/22/12, Line#: 70 Senate(c): Replaced by Committee Substitute 02/24/2012 04:35 PM
  • Committee Substitute 1
    • A 663472 , Community Affairs, Bennett Date Filed: 02/13/12, Line#: 10 Senate(c): Replaced by Committee Substitute 02/13/2012 12:25 PM
  • Original Filed Version
    • D 196966 , Commerce and Tourism, Montford Date Filed: 02/01/12, Line#: 0 Senate(c): Favorable 02/02/2012 06:02 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 2/27/2012 1:22:33 PM
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 2/21/2012 8:12:45 AM
Chamber: Senate Committee: Community Affairs 2/14/2012 10:40:55 AM
Chamber: Senate Committee: Community Affairs 2/10/2012 10:34:28 AM
Chamber: Senate Committee: Commerce and Tourism 2/3/2012 10:34:02 AM
Chamber: Senate Committee: Commerce and Tourism 2/1/2012 3:23:01 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Budget, companion bill(s) passed, see HB 7087 (Ch. 2012-32) Time: 03/09/2012 - 11:59 PM Member: Committee: Version: c3
Event: S CS/CS/CS by Budget Subcommittee on Finance and Tax read 1st time -SJ 686 Time: 02/27/2012 - 6:24 PM Member: Committee: Version: c3
Event: S Now in Budget -SJ 685 Time: 02/27/2012 - 8:25 AM Member: Committee: Version: c3
Event: S CS/CS/CS by Budget Subcommittee on Finance and Tax; YEAS 4 NAYS 0 -SJ 685 Time: 02/23/2012 - 11:41 AM Member: Committee: Version: c2
Event: S On Committee agenda-- Budget Subcommittee on Finance and Tax, 02/23/12, 8:00 am, 301 Senate Office Building Time: 02/20/2012 - 6:09 PM Member: Committee: Version: c2
Event: S Now in Budget Subcommittee on Finance and Tax Time: 02/20/2012 - 6:04 PM Member: Committee: Version: c2
Event: S Subreferred to Budget Subcommittee on Finance and Tax -SJ 534 Time: 02/20/2012 - 6:00 PM Member: Committee: Version: c2
Event: S Now in Budget Time: 02/16/2012 - 10:58 AM Member: Committee: Version: c2
Event: S CS/CS by Community Affairs read 1st time -SJ 519 Time: 02/14/2012 - 7:47 PM Member: Committee: Version: c2
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 02/14/2012 - 10:42 AM Member: Committee: Version: c2
Event: S CS/CS by Community Affairs; YEAS 8 NAYS 0 -SJ 518 Time: 02/13/2012 - 11:23 AM Member: Committee: Version: c1
Event: S On Committee agenda-- Community Affairs, 02/13/12, 10:00 am, 412 Knott Building Time: 02/08/2012 - 6:13 PM Member: Committee: Version: c1
Event: S CS by Commerce and Tourism read 1st time -SJ 332 Time: 02/07/2012 - 6:50 PM Member: Committee: Version: c1
Event: S Now in Community Affairs -SJ 326 Time: 02/06/2012 - 10:06 AM Member: Committee: Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 02/03/2012 - 10:39 AM Member: Committee: Version: __
Event: S CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 326 Time: 02/02/2012 - 5:23 PM Member: Committee: Version: __
Event: S On Committee agenda-- Commerce and Tourism, 02/02/12, 3:15 pm, 401 Senate Office Building Time: 01/30/2012 - 5:50 PM Member: Committee: Version: __
Event: S Introduced -SJ 89 Time: 01/10/2012 - 4:48 PM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Community Affairs; Budget -SJ 89 Time: 01/10/2012 - 4:22 PM Member: Committee: Version: __
Event: S Filed Time: 12/01/2011 - 8:57 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
196.199 CS/CS/SB 1256, CS/SB 1384, CS/HB 7097*
212.08 SB 76, HB 321, SB 430, SB 588, CS/SB 592, HB 767, HB 821, HB 907, CS/HB 939, HB 953, HB 1071, SB 1072, HB 1109, HB 1181, HB 1201, HB 1213, CS/CS/CS/HB 1263*, CS/CS/SB 1304, HB 1345, CS/SB 1384, CS/SB 1392, HB 1413, SB 1572, SB 1616, CS/SB 1824*, SB 1832, CS/CS/CS/SB 2094, HB 7087*, CS/CS/HB 7117*
220.14 HB 1335, SB 1590, HB 7087*
220.63 HB 7087*

(*) Not the latest version