Apportionment Of Income Of Enterprise Data Centers
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
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.)
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 04/27/2017 | PA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-299 to the Committee of the Whole. | The motion passed on a vote of 13-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-299 to the Committee on Appropriations. | The motion passed on a vote of 12-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 17-299 to the Committee of the Whole. | The motion passed on a vote of 6-1. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 (Attachment A). | The motion passed without objection. | Vote summary |
| Refer Senate Bill 17-299, as amended, to the Committee on Appropriations. | The motion passed on a vote of 5-0. | Vote summary |
| 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
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/09/2017 | 318 | Apportionment Of Income Of Enterprise Data Centers |