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SB17-299

Apportionment Of Income Of Enterprise Data Centers

Type Bill
Session 2017 Regular Session

Concerning the apportionment of income for state income tax for taxpayers with enterprise data centers in the state.

Bill Summary:

The bill allows a taxpayer that makes a capital investment in an enterprise data center operation in the state of a specified dollar amount within a consecutive 5-year period to enter into a memorandum of understanding with the office of economic development to transition to a different apportionment method for apportioning the income of the taxpayer. The memorandum of understanding must describe the amount of the capital investment and any other investments or actions on the part of the taxpayer that will support the economic development of the state. The bill specifies that a transition schedule must be included in the memorandum of understanding.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/05/2017 Signed Act PDF
05/19/2017 Final Act PDF
05/10/2017 Rerevised PDF
05/09/2017 Revised PDF
05/03/2017 Reengrossed PDF
05/02/2017 Engrossed PDF
04/24/2017 Introduced PDF
Date Version Documents
04/27/2017 PA1 PDF
Date Version Documents
05/01/2017 FN2 PDF
04/26/2017 FN1 PDF
Date Version Documents
05/05/2017 SA2 PDF
05/02/2017 SA1 PDF
Date Calendar Motion Vote Vote Document
05/10/2017 MISCELLANEOUS RECON
0
AYE
65
NO
0
OTHER
Vote record
05/10/2017 Third Reading BILL
60
AYE
5
NO
0
OTHER
Vote record
Date Calendar Motion Vote Vote Document
05/03/2017 Third Reading BILL
32
AYE
1
NO
2
OTHER
Vote record
Date Location Action
06/05/2017 Governor Governor Signed
05/19/2017 Governor Sent to the Governor
05/19/2017 House Signed by the Speaker of the House
05/19/2017 Senate Signed by the President of the Senate
05/10/2017 House House Third Reading Passed - No Amendments
05/09/2017 House House Second Reading Special Order - Passed - No Amendments
05/08/2017 House House Second Reading Special Order - Laid Over to 05/09/2017 - No Amendments
05/05/2017 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
05/04/2017 House House Committee on Finance Refer Unamended to Appropriations
05/03/2017 House Introduced In House - Assigned to Finance + Appropriations
05/03/2017 Senate Senate Third Reading Passed - No Amendments
05/02/2017 Senate Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
05/02/2017 Senate Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
04/27/2017 Senate Senate Committee on Finance Refer Amended to Appropriations
04/24/2017 Senate Introduced In Senate - Assigned to Finance

Prime Sponsor

Sponsor

Co-Sponsor