Relating to treatment of prescription drug sales under corporate activity tax; prescribing an effective date.
Summary
Exempts receipts from sales of prescription drugs by licensed pharmacies from commercial activity subject to corporate activity tax. Applies to tax years beginning on or after January 1, 2021. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2020
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2020
Last action Mar 9, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
1
Committee
2
Mar 9, 2020
Lower · Passed
In committee upon adjournment.
lower
Feb 3, 2020
Committee
Referred to Revenue.
lower
Feb 3, 2020
Introduced
First reading. Referred to Speaker's desk.
lower
2 primary · 8 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
DL
Dennis Linthicum
RRepublican
P
RM
Raquel Moore-Green
RRepublican
Co
BW
Brad Witt
DDemocratic
Co
CT
Chuck Thomsen
RRepublican
Co
Greg Smith
RRepublican
Co
John Lively
DDemocratic
Co
Laurie Monnes Anderson
DDemocratic
Co
LF
Lynn Findley
RRepublican
Co
Rick Lewis
RRepublican
Co
Tim Knopp
RRepublican
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