Ben Hueso
- Democratic
Author
The Personal Income Tax Law and the Corporation Tax Law impose taxes upon taxable income, as specified. Additionally, various provisions of the Personal Income Tax Law and the Corporation Tax law conform, or conform as modified, to provisions of the Internal Revenue Code. This bill would conform the Personal Income Tax Law and the Corporation Tax Law to provisions of the Internal Revenue Code that allow for specified tax treatment for income derived from activities within a qualified opportunity zone, including the deferral of recognition of a capital gain, and would provide that the provisions are limited to designated opportunity zones located in the state. This bill would take effect immediately as a tax levy.
Returned to Secretary of Senate pursuant to Joint Rule 56.
May 16 hearing: Held in committee and under submission.
Set for hearing May 16.
May 13 hearing: Placed on APPR. suspense file.
Set for hearing May 13.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 0. Page 904.) (May 1). Re-referred to Com. on APPR.
Set for hearing May 1.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
Read first time.
From printer. May be acted upon on or after March 27.
Introduced. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB635 | HTML |
| 02/22/19 - Introduced | |
| 03/27/19 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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