SB 801
Modifies definitions relating to corporate income taxes
Sponsor:
LR Number:
4621S.01I
Committee:
Last Action:
2/25/2020 - Voted Do Pass S Ways and Means Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2020

Current Bill Summary

SB 801 - This act adds "qualified air freight forwarders", as defined in the act, to the definition of "corporation" as a transportation corporation for the purposes of corporate income allocation.

This act is identical to HB 2213 (2020) and to a provision contained in SS#2/SCS/SB 648 (2020), SB 659 (2020), HCS/SB 686 (2020), HCS/SB 782 (2020), HCS/SCS/SB 867 (2020), HCS/HB 1333 (2020), SS#3/SCS/HB 1963 (2020), HB 2238 (2020), HCS/HB 2303 (2020), and SS/SCS/SBs 46 & 50 (2019).

JOSH NORBERG

Amendments

No Amendments Found.