HB 7127 (2019) -  Corporate Income Tax

General Bill by Ways & Means Committee and Avila
Corporate Income Tax: Adopts IRC provisions in effect on January 1, 2019; extends period during which specified automatic refunds & downward adjustments to tax rates apply; revises subtractions to be made in calculating taxable income requiring submission of certain corporate tax information to DOR; requires DOR to create secure online application form to allow taxpayers to submit such information; provides deadlines; provides audit & investigation authority; provides for penalty; provides repeal date; authorizes emergency rules; provides appropriation.
Effective Date: June 28, 2019
Last Event: Chapter No. 2019-168 on Monday, July 1, 2019 11:31 AM

PCB committee actions:

  • PCB WMC 19-03 recommended by:
    Ways & Means Committee
    • On agenda for: 04/17/19   8:00 AM View Notice
    • Favorable With Amendment(s) (final action) See Votes

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 576 Subject: Corporate Income Tax Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 7/10/2019 2:15:56 PM
Chamber: House Committee: Final Bill Analysis 5/7/2019 10:34:04 AM
Chamber: House Committee: Ways & Means Committee 4/23/2019 9:40:14 AM
Chamber: House Committee: Ways & Means Committee 4/17/2019 2:13:18 PM
Chamber: House Committee: Ways & Means Committee 4/15/2019 4:26:53 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/25/2019 11:44 PM   Yeas: 71 Nays: 41 Action: Action 2: Passage Vote Detail: Vote [Seq# 264] Barcode:
Chamber: Senate Date: 05/02/2019 04:18 PM   Yeas: 39 Nays: 1 Action: Action 2: Vote Detail: Vote [Seq# 12] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2019-168 Time: 07/01/2019 - 11:31 AM Member: Committee: Version: er
Event: Approved by Governor Time: 06/28/2019 - 6:03 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/26/2019 - 3:24 PM Member: Committee: Version: er
Event: H Ordered enrolled Time: 05/02/2019 - 4:45 PM Member: Committee: Version: __
Event: H In Messages Time: 05/02/2019 - 4:45 PM Member: Committee: Version: __
Event: S Passed; YEAS 39 NAYS 1 -SJ 850 Time: 05/02/2019 - 4:19 PM Member: Committee: Version: __
Event: S Read 3rd time -SJ 850 Time: 05/02/2019 - 4:18 PM Member: Committee: Version: __
Event: S Placed on 3rd reading Time: 05/01/2019 - 10:23 AM Member: Committee: Version: __
Event: S Read 2nd time -SJ 653 Time: 05/01/2019 - 10:23 AM Member: Committee: Version: __
Event: S Substituted for CS/CS/SB 576 -SJ 653 Time: 05/01/2019 - 10:23 AM Member: Committee: Version: __
Event: S Placed on Calendar, on 2nd reading Time: 05/01/2019 - 10:23 AM Member: Committee: Version: __
Event: S Withdrawn from Finance and Tax; Appropriations -SJ 653 Time: 05/01/2019 - 10:23 AM Member: Committee: Finance and Tax Version: __
Event: S Received -SJ 580 Time: 04/26/2019 - 7:57 PM Member: Committee: Version: __
Event: S Referred to Finance and Tax; Appropriations -SJ 580 Time: 04/26/2019 - 9:40 AM Member: Committee: Finance and Tax Version: __
Event: H Message sent to senate Time: 04/26/2019 - 9:08 AM Member: Committee: Version: __
Event: S In Messages Time: 04/26/2019 - 9:03 AM Member: Committee: Version: __
Event: H Passed; YEAS 71, NAYS 41 Time: 04/25/2019 - 11:44 PM Member: Committee: Version: __
Event: H Read 3rd time Time: 04/25/2019 - 11:44 PM Member: Committee: Version: __
Event: H Read 2nd time Time: 04/25/2019 - 11:41 PM Member: Committee: Version: __
Event: H Bill added to Special Order Calendar (4/25/2019) Time: 04/22/2019 - 6:44 PM Member: Committee: Version: __
Event: H Added to Second Reading Calendar Time: 04/18/2019 - 4:49 PM Member: Committee: Version: __
Event: H Bill referred to House Calendar Time: 04/18/2019 - 4:49 PM Member: Committee: Version: __
Event: H 1st Reading Time: 04/17/2019 - 11:59 PM Member: Committee: Version: __
Event: H Filed Time: 04/17/2019 - 2:56 PM Member: Committee: Ways & Means Committee Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.03 HB 481, CS/CS/SB 576, HB 1377, SB 1408, SB 1692
220.1105 CS/CS/SB 576
220.13 CS/SB 250, HB 477, HB 481, CS/CS/SB 576, CS/SB 878, HB 1377, SB 1408, SB 1424, SB 1692, SB 1740
220.27 CS/CS/SB 576