Relating to market-based sourcing for corporate apportionment; prescribing an effective date.
Summary
Replaces standard using cost of performance with market-sourcing standard for purposes of corporate taxation and determining sales factor for apportionment calculation. Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2017
Last action Jul 7, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Jul 7, 2017
Legislature · Reported by committee
In committee upon adjournment.
Jan 18, 2017
Legislature · Referred to committee
Referred to Revenue.
Jan 9, 2017
Legislature · Introduced
First reading. Referred to Speaker's desk.
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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