Did not become law. It stopped in the House of Representatives's Business and Labor Committee on June 30, 2011. The 2011 session has ended.
2011 Regular Session
House Bill 2193
Modifies definition of "material participation" for purposes of subtraction for investment of severance pay in small business.
What it does
The synopsis the Legislative Assembly published with the bill.
Modifies definition of "material participation" for purposes of subtraction for investment of severance pay in small business. Adjusts start of qualifying period from date of termination to date of investment. Requires taxpayer to file amended return that includes as income amount previously subtracted if subtraction is later disallowed. Applies to tax years beginning on or after January 1, 2011, and before January 1, 2014. Takes effect on 91st day following adjournment sine die.
Its course
January 10 to June 30, 2011, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the House of RepresentativesJan 10 to Jun 30 · stopped171 days
Waiting for a committeeJan 10 to Jan 2111 days
Business and LaborJan 21 to Jun 30 · stopped160 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the House of Representatives Jan 10 – Jun 30
- Jan 10Introduced
- Jan 21Sent to Business and Labor
- Jun 30Died when the session ended
All 3 actions, as published
- Jan 10First reading. Referred to the desks of the Co-Speakers.House of Representatives
- Jan 21Referred to Business and Labor with subsequent referral to Revenue.House of Representatives
- Jun 30In committee upon adjournment.House of Representatives