CS/CS/SB 576 (2019) -  Corporate Income Tax

General Bill by Appropriations and Finance and Tax and Perry (CO-SPONSORS) Flores; Stargel
Corporate Income Tax: Adopting the Internal Revenue Code in effect on January 1, 2019; providing for refunds of certain corporate income tax receipts in a certain fiscal year; providing for the subtraction of global intangible low-taxed income from taxable income for the purpose of determining adjusted federal income; requiring taxpayers filing returns during a certain timeframe to submit specified information to the Department of Revenue by certain means, etc.
Effective Date: Upon becoming a law
Last Event: 05/01/19 S Laid on Table, companion bill(s) passed, see HB 7127 (Ch. 2019-168) -SJ 653 on Wednesday, May 1, 2019 10:23 AM

Referred Committees and Committee Actions

Senate Referrals

  • Finance and Tax
    • On agenda for: 04/04/19 12:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 8   Nays 0
  • Appropriations
    • On agenda for: 04/18/19 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 18   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: HB 7127 Subject: Corporate Income Tax Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations 4/22/2019 12:59:15 PM
Chamber: Senate Committee: Appropriations 4/17/2019 9:21:29 AM
Chamber: Senate Committee: Finance and Tax 4/4/2019 6:03:09 PM
Chamber: Senate Committee: Finance and Tax 4/2/2019 3:09:17 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see HB 7127 (Ch. 2019-168) -SJ 653 Time: 05/01/2019 - 10:23 AM Member: Committee: Version: c2
Event: S Substituted HB 7127 -SJ 653 Time: 05/01/2019 - 10:23 AM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 653 Time: 05/01/2019 - 10:22 AM Member: Committee: Version: c2
Event: S Placed on Special Order Calendar, 05/01/19 -SJ 765 Time: 04/29/2019 - 2:45 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading Time: 04/22/2019 - 4:55 PM Member: Committee: Version: c2
Event: S CS/CS by Appropriations read 1st time -SJ 382 Time: 04/22/2019 - 3:48 PM Member: Committee: Appropriations Version: c2
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 04/22/2019 - 1:54 PM Member: Committee: Appropriations Version: c2
Event: S CS/CS by- Appropriations; YEAS 18 NAYS 0 -SJ 379 Time: 04/18/2019 - 6:17 PM Member: Committee: Appropriations Version: c1
Event: S On Committee agenda-- Appropriations, 04/18/19, 9:00 am, 412 Knott Building Time: 04/15/2019 - 3:16 PM Member: Committee: Appropriations Version: c1
Event: S CS by Finance and Tax read 1st time -SJ 334 Time: 04/09/2019 - 3:08 PM Member: Committee: Finance and Tax Version: c1
Event: S Now in Appropriations Time: 04/05/2019 - 12:03 PM Member: Committee: Appropriations Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 04/05/2019 - 8:53 AM Member: Committee: Finance and Tax Version: c1
Event: S CS by Finance and Tax; YEAS 8 NAYS 0 -SJ 331 Time: 04/04/2019 - 2:13 PM Member: Committee: Finance and Tax Version: __
Event: S On Committee agenda-- Finance and Tax, 04/04/19, 12:30 pm, 401 Senate Building Time: 04/01/2019 - 4:18 PM Member: Committee: Finance and Tax Version: __
Event: S Introduced -SJ 73 Time: 03/05/2019 - 8:20 AM Member: Committee: Version: __
Event: S Referred to Finance and Tax; Appropriations -SJ 73 Time: 02/08/2019 - 9:07 AM Member: Committee: Finance and Tax Version: __
Event: S Filed Time: 01/29/2019 - 11:29 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.03 HB 481, HB 1377, SB 1408, SB 1692, HB 7127
220.1105 HB 7127
220.13 CS/SB 250, HB 477, HB 481, CS/SB 878, HB 1377, SB 1408, SB 1424, SB 1692, SB 1740, HB 7127
220.27 HB 7127