HB 191 - Income tax; corporations; allocation and apportionment formulas; revise

Current VersionPDF Version

Sponsored By

Sponsored In Senate By

Committees

Current Status

04/06/05 - House Date Signed by Governor

First Reader Summary

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to imposition, rate, computation, and exemptions regarding income taxes, so as to provide for adjustments to taxable net income with respect to certain direct or indirect interest expenses and costs and intangible expenses and costs; to provide for procedures, conditions, and limitations; to change the manner and method of allocating and apportioning income with respect to corporations; to provide for powers, duties, and authority of the state revenue commissioner; to provide effective dates; to provide for applicability; to repeal conflicting laws; and for other purposes.

Votes

Electronically Recorded Votes
Date Time Vote No Yeas Nays NV Exc Description
02/08/05 11:29 AM House Vote #29 169 002 003 006 PASS
03/03/05 10:22 AM Senate Vote #135 031 021 002 002 MOTION TO ENGROSS
03/03/05 11:32 AM Senate Vote #140 043 010 001 002 PASSAGE

Status History

Bill History
Date Action
01/28/2005 House First Readers
01/31/2005 House Second Readers
02/03/2005 House Committee Favorably Reported
02/08/2005 House Third Readers
02/08/2005 House Passed/Adopted
02/09/2005 Senate Read and Referred
02/16/2005 Senate Committee Favorably Reported
02/17/2005 Senate Read Second Time
03/03/2005 Senate Third Read
03/03/2005 Senate Passed/Adopted
04/04/2005 House Sent to Governor
04/06/2005 House Date Signed by Governor
04/06/2005 Act 9
01/01/2006 Effective Date

Footnotes

2/08/05 Structured Rule
3/3/05 Engrossed upon third reading in Senate