TAXATION – Amends existing law to revise provisions regarding certain qualified property held by an estate, trust, S corporation, partnership, limited liability company or an individual, to establish provisions regarding fair market valuation, to establish provisions regarding adjusted basis allocation and to establish provisions regarding certain part-year resident and nonresident owners of multistate entities.

Delivered to Governor at 10:20 a.m. on March 16, 2018

Returned Signed by the President; Ordered Transmitted to Governor

Signed by President; returned to House

Received from the House enrolled/signed by Speaker

Reported Enrolled; Signed by Speaker; Transmitted to Senate

Read third time in full – PASSED - 35-0-0AYES – Agenbroad, Anthon, Bair, Bayer, Brackett, Buckner-Webb, Burgoyne, Crabtree, Den Hartog, Foreman, Guthrie, Hagedorn, Harris, Heider, Hill, Johnson, Jordan, Keough, Lakey, Lee, Lodge, Martin, Mortimer, Nonini, Nye, Patrick, Potts, Rice, Siddoway, Souza, Stennett, Thayn, Vick, Ward-Engelking, WinderNAYS – NoneAbsent and excused – NoneFloor Sponsor - HillTitle apvd - to House

Read second time; filed for Third Reading

Received from the House passed; filed for first reading

Read Third Time in Full – PASSED - 68-0-1AYES – Amador, Anderson, Anderst, Armstrong, Barbieri, Bell, Blanksma, Boyle, Burtenshaw, Chaney, Cheatham, Chew, Clow, Collins, Crane, Dayley, DeMordaunt, Dixon, Ehardt, Erpelding, Gannon, Gestrin, Gibbs, Giddings, Hanks, Harris, Hartgen, Holtzclaw, Horman, Kauffman, Kerby, King, Kingsley, Kloc(Tway), Loertscher, Luker, Malek, Manwaring, McCrostie, McDonald, Mendive, Miller, Monks, Moon, Moyle, Nate, Packer, Palmer, Perry, Raybould, Redman, Rubel, Sc

U.C. to hold place on third reading calendar one legislative day

Read second time; Filed for Third Reading