TAXES – Repeals, adds to and amends existing law to provide for applicability of the Internal Revenue Code to different tax years; to revise the calculation of a net operating loss; to revise the calculation of net taxable income for corporations; to reduce the individual and corporate income tax rate; and to provide for a child tax credit.

Returned from Senate Passed; to JRA for Enrolling

House Vote: pass (20-6)

Reported out of Committee with Do Pass Recommendation; Filed for second reading

PASSED - 59-11-0AYES – Amador, Anderson, Anderst, Armstrong, Barbieri, Bell, Blanksma, Boyle, Burtenshaw, Chaney, Cheatham, Clow, Collins, Crane, Dayley, DeMordaunt, Dixon, Ehardt, Gestrin, Gibbs, Giddings, Hanks, Harris, Hartgen, Holtzclaw, Horman, Kauffman, Kerby, Kingsley, Loertscher, Luker, Malek(Patano), Manwaring, McDonald, Mendive, Miller, Monks, Moon, Moyle, Nate, Packer, Palmer, Perry, Raybould, Redman, Scott, Shepherd, Stevenson, Syme, Thompson, Troy, VanOrden, Vander Woude, Wagoner,

Reported out of Committee with Do Pass Recommendation, Filed for Second Reading