Did not become law. It stopped in the House of Representatives's Revenue Committee on July 7, 2017. The 2017 session has ended.
2017 Regular Session
House Bill 2274
For purposes of corporate tax apportionment calculations, replaces sales factor with receipts factor.
What it does
The synopsis the Legislative Assembly published with the bill.
For purposes of corporate tax apportionment calculations, replaces sales factor with receipts factor. Defines "receipts" to mean gross receipts received from transactions and activity occurring in taxpayer's regular course of business, with certain exclusions. In determination of receipts factor, provides that sales other than sales of tangible personal property are in state if taxpayer's market for sales is in state. Enumerates conditions in which market for sales is deemed to be in state. Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
Its course
January 9 to July 7, 2017, 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 action4 actions on 4 days
In the House of RepresentativesJan 9 to Jul 7 · stopped179 days
Waiting for a committeeJan 9 to Jan 178 days
RevenueJan 17 to Jul 7 · stopped171 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 9 – Jul 7
All 4 actions, as published
- Jan 9First reading. Referred to Speaker's desk.House of Representatives
- Jan 17Referred to Revenue.House of Representatives
- Feb 6Public Hearing held.House of Representatives
- Jul 7In committee upon adjournment.House of Representatives