Barbara Wheeler
- Republican
Primary
Amends the Principal and Income Act. Provides that, only for oil or gas from non-coal formations held in nontrust estates and by legal tenants and remaindermen (instead of "with respect only to nontrust estates, for oil or gas from non-coal formations"), proceeds from the sale of such minerals produced and received as royalty, overriding royalty, limited royalty, working interest, net profit interest, time-limited interest or term interest, or lease bonus shall be deemed income. Deletes language providing that a Section concerning non-trust estates does not apply to life estates and remainder interests in oil or gas from non-coal formations, or royalties or overriding royalties created under leases of such minerals. Makes other changes.
Public Act . . . . . . . . . 100-0761
Effective Date January 1, 2019
Governor Approved
Sent to the Governor
Third Reading - Passed; 053-000-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading May 16, 2018
Second Reading
Placed on Calendar Order of 2nd Reading May 15, 2018
Do Pass Revenue; 005-000-000
Assigned to Revenue
Added as Alternate Co-Sponsor Sen. Paul Schimpf
Chief Senate Sponsor Sen. David Koehler
First Reading
Referred to Assignments
Placed on Calendar Order of First Reading April 25, 2018
Arrive in Senate
Third Reading - Short Debate - Passed 110-000-001
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Chief Sponsor Changed to Rep. Barbara Wheeler
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Judiciary - Civil Committee; 011-000-000
Reported Back To Judiciary - Civil Committee;
Recommends Do Pass Subcommittee/ Judiciary - Civil Committee; 003-000-000
To Civil Procedure Subcommittee
Assigned to Judiciary - Civil Committee
Referred to Rules Committee
Filed with the Clerk by Rep. Ann M. Williams
First Reading
| Bill Text Versions | Format |
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| Enrolled | HTML |
| Engrossed | HTML |
| Introduced | HTML |
| Document | Format |
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| Public Act |
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