Corporation taxes: minimum franchise tax.
Summary
The Corporation Tax Law generally imposes a franchise tax on corporations doing business within the limits of this state, including a minimum franchise tax on specified corporations, as provided. This bill would eliminate the minimum franchise tax and make related technical amendments. This bill would take effect immediately as a tax levy.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2011
Committee Review
Floor Vote
Governor
Introduced Jan 20, 2011
Last action Feb 1, 2012
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
5
May 16, 2011
Lower · Passed
In committee: Set, second hearing. Held under submission.
lower
May 16, 2011
Committee
In committee: Set, second hearing. Referred to REV. & TAX. suspense file.
lower
Mar 7, 2011
Committee
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
lower
Feb 3, 2011
Committee
Referred to Com. on REV. & TAX.
lower
Jan 21, 2011
Lower · Passed
From printer. May be heard in committee February 20.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
PJ
Paul J Cook
RRepublican
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