De Leon
Author
The Corporation Tax Law, in specified conformity to federal income tax laws, imposes certain limitations on the use of built-in losses in conjunction with corporate reorganizations. This bill would clarify that a specified federal administrative notice relating to those limitations does not apply for purposes of taxes imposed under the Corporation Tax Law, as specified. This bill would declare that it is to take effect immediately as an urgency statute.
Chaptered by Secretary of State - Chapter 401, Statutes of 2009.
Approved by the Governor.
Enrolled and to the Governor at 4:15 p.m.
Urgency clause adopted. Senate amendments concurred in. To enrollment. (Ayes 77. Noes 0. Page 2813.)
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 30 pursuant to Assembly Rule 77.
Read third time. Urgency clause adopted. Passed and to Assembly. (Ayes 38. Noes 0. Page 1968.)
Read second time, amended, and to third reading.
From committee: Amend, and do pass as amended. (Ayes 6. Noes 0.) (July 8).
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time, passed, and to Senate. (Ayes 75. Noes 0. Page 1177.)
Read second time. To third reading.
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 8. Noes 0.) (April 13).
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
From printer. May be heard in committee January 1.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB11 | HTML |
| 12/01/08 - Introduced | |
| 03/09/09 - Amended Assembly | |
| 04/23/09 - Amended Assembly | |
| 07/14/09 - Amended Senate | |
| 09/02/09 - Enrolled | |
| 10/11/09 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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