House Committee on Ways and Means
May 4, 2015
9:00 a.m.
Room 6

Adjourned		 



  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
 **Click on an instrument for additional information.  Click on an author for the author's home page.
 
 
 

CALL TO ORDER

ROLL CALL

DISCUSSION OF LEGISLATION
 HB89RITCHIETAX CREDITS - Reduces the amount of the inventory tax credit (OR +$13,000,000 GF RV See Note)
 HB366B.ADAMSTAX CREDITS - Changes certain refundable tax credits to nonrefundable tax credits (OR +$81,000,000 GF RV See Note)
 HB484MORRISTAX CREDITS - Reduces the amount of the tax credit for ad valorem taxes paid on inventory (OR +$6,000,000 GF RV See Note)
 HB532STOKESTAX CREDITS - Provides for the carryforward rather than the refund of a certain portion of the tax credit for ad valorem taxes paid on inventory (EG +$13,000,000 GF RV See Note)
 HB565LEGERTAX/SALES & USE - Suspends a certain portion of state sales and use tax exemptions (EG +$165,000,000 GF RV See Note)
 HB613LEGERTAX/AD VALOREM-EXEMPTION - (Constitutional Amendment) Phases-in over a five year period an exemption for items constituting business inventory (OR -$103,000,000 LF RV See Note)
 HB620STOKESTAX/AD VALOREM TAX - (Constitutional Amendment) Phases-in over a four year period an exemption for items constituting business inventory (OR -$243,000,000 LF RV See Note)
 HB635JACKSON-ANDREWSTAX/TAX REBATES - Reduces all tax rebates (EN +$5,000,000 GF RV See Note)
 HB729LEGERTAX/TAXATION - Phases out inventory tax credits (OR +$12,000,000 GF RV See Note)
 HB768MORRISTAX/SALES-USE, STATE - Dedicates the avails of the existing one percent state sales and use tax for the support of public elementary through post-secondary education (EG +$231,000,000 GF RV See Note)
 HB805B.ADAMSTAX CREDITS - Provides for the carry forward rather than the refund of a certain portion of the tax credits for ad valorem taxes paid to local governments (EN +$129,000,000 GF RV See Note)

OTHER BUSINESS

ANNOUNCEMENTS