CALL TO ORDER |
ROLL CALL |
DISCUSSION OF LEGISLATION |
| | | HB4 | BACALA | TAX CREDITS - Repeals the earned income tax credit (Item #26) (OR +$47,000,000 GF RV See Note) |
| | | HB5 | LEGER | TAX CREDITS - Increases the amount of the earned income tax credit (Item #26) (EG -$47,000,000 GF RV See Note) |
| | | HB7 | JACKSON-ANDREWS | TAX/CORP INCOME-EXEMPT - Provides relative to corporate income exclusions for dividend income from certain banking institutions (Item #15) (EN SEE FISC NOTE GF RV See Note) |
| | | HB8 | BROADWATER | TAX/INCOME TAX - (Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid (Item #17) (OR SEE FISC NOTE GF RV See Note) |
| | | HB16 | LEGER | TAX/INCOME TAX - Requires that certain deductible items be added-back on certain corporate income tax returns (Item #5) |
| | | HB17 | BROADWATER | TAX/INCOME TAX - Reduces the amount of the individual income tax deduction for excess federal itemized personal deductions (Item #18) (OR +$142,000,000 GF RV See Note) |
| | | HB19 | JAMES | TAX/CORP FRANCHISE - Provides relative to the entities to which corporate franchise tax applies (Item #28) (EN +$10,340,000 GF RV See Note) |
| | | HB20 | BROADWATER | TAX/CORP INCOME - Provides relative to the net operating loss deduction for corporate income tax (Item #5) (EN SEE FISC NOTE GF RV See Note) |
| | | HB22 | JACKSON-ANDREWS | TAX/TAX REBATES - Repeals the three-year sunset of certain reductions to tax rebates (Item #11) (EN SEE FISC NOTE GF RV See Note) |
| | | HB23 | JACKSON-ANDREWS | TAX/CORP INCOME - Repeals three-year sunset of certain reductions to corporate income tax deductions, exemptions, and exclusions (Item #12) (RE1 SEE FISC NOTE GF RV See Note) |
| | | HB24 | JACKSON-ANDREWS | TAX CREDITS - Repeals the three-year sunset of certain reductions to income and corporation franchise tax credits (Item #10) (EN NO IMPACT GF RV See Note) |
| | | HB25 | JACKSON-ANDREWS | TAX/CORP INCOME - Provides relative to the net operating loss deduction for corporate income tax (Item #12) (OR INCREASE GF RV See Note) |
| | | HB29 | LEGER | TAX/CORP INCOME - Establishes a flat rate for purposes of calculating corporation income tax liability (Item #3) (EN +$3,300,000 GF RV See Note) |
| | | HB31 | LEGER | TAX/INCOME TAX - (Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid for purposes of calculating corporate income tax liability (Items #2 and 17) (EN SEE FISC NOTE GF RV See Note) |
| | | HB32 | LEGER | TAX/INCOME TAX - Reduces the rates for purposes of calculating the tax on the taxable income of individuals (Items #3 and 19) (EG SEE FISC NOTE GF RV See Note) |
| | | HB33 | LEGER | TAX/INCOME TAX - Reduces the amount of the individual income tax deduction for excess federal itemized personal deductions (Item #18) (EG +$142,000,000 GF RV See Note) |
| | | HB34 | LEGER | TAX/INCOME TAX - Changes the middle and upper income tax brackets for purposes of calculating the individual income tax (Item #3) (EG +$324,000,000 GF RV See Note) |
| | | HB35 | MORRIS | TAX CREDITS - Increases the refundable amount of the tax credit for local inventory taxes paid to political subdivisions (Item #31) (OR -$20,000,000 GF RV See Note) |
| | | HB36 | MORRIS | TAX/CORP INCOME - Reduces the rates and modifies the brackets for purposes of calculating corporate income tax liability (Item #3) (OR DECREASE GF RV See Note) |
| | | HB37 | BACALA | TAX CREDITS - Accelerates the termination date for the solar energy systems tax credit (Item #26) (OR SEE FISC NOTE GF RV) |
| | | HB41 | STOKES | TAX/INCOME TAX - (Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid for purposes of computing individual and corporate income taxes (Items #2 and 17) (OR SEE FISC NOTE GF RV See Note) |
| | | HB46 | JAMES | TAX CREDITS - Reduces the amount of certain ad valorem tax credits and provides for the carry forward rather than the refund of a certain portion of excess credit amounts (Item #31) (EG +$48,000,000 GF RV See Note) |
| | | HB47 | JAMES | TAX CREDITS - Reduces the amount of certain ad valorem tax credits and provides for the carryforward rather than the refund of a certain portion of excess credit amounts (Item #31) (EG +$48,000,000 GF RV See Note) |
| | | HB48 | ABRAMSON | TAX/INCOME TAX - Reduces the rates and adjusts the brackets for purposes of calculating individual income tax and provides relative to certain tax credits and deductions (Items #3, 18, and 26) (OR INCREASE GF RV See Note) |
| | | HB50 | ABRAMSON | TAX/CORP INCOME - Provides relative to the state taxation of corporations (Items #3 and 19) (OR DECREASE GF RV See Note) |
| | | HB51 | ABRAMSON | TAX/INCOME TAX - Reduces the rates and adjusts the brackets for purposes of calculating individual income tax and provides relative to certain deductions (Items #3 and 19) (OR SEE FISC NOTE GF RV) |
| | | HB55 | LEGER | TAX/INCOME TAX - Requires that certain deductible items be added-back on certain corporate income tax returns (Item #5) (EN INCREASE GF RV See Note) |
| | | HB57 | STOKES | TAX CREDITS - Repeals three-year sunset on certain eligibility requirements relative to the income tax credit for net taxes paid to other states (Item #13) (EGF DECREASE GF RV See Note) |
| | | HB58 | JACKSON-ANDREWS | TAX/CORP INCOME - Provides relative to the apportionment formula for computing corporate income tax (Item #5) (OR SEE FISC NOTE GF RV) |
| | | HCR3 | HAVARD | TAX/SALES-USE-EXEMPT - Urges and requests the Department of Revenue to reexamine their revenue ruling determination that a certain rate reduction and tax exemption is applicable to sellers of nonprepared foods |
| | | HB54 | BROADWATER | TAX/SALES & USE - Requires the advance payment of sales tax (Item #35) (EG1 SEE FISC NOTE GF RV) |
| | | HB59 | MORENO | TAX/SALES-USE, STATE - Provides relative to imposition of the state sales and use tax on hotels (Items #9 and 30) (EN INCREASE SD RV See Note) |
| | | HB60 | HAVARD | TAX/SALES-USE-EXEMPT - Provides with respect to the sales of certain food and beverages at convenience stores (Item #36) (OR INCREASE GF RV See Note) |
| | | HB61 | MORRIS | TAX/SALES & USE - To provide with respect to the applicability of certain exclusions and exemptions from state sales and use taxes (EN +$272,300,000 GF RV See Note) |
| | | HB62 | JACKSON-ANDREWS | TAX/SALES-USE, STATE - Impose a one cent sales and use tax (Item #9) (EN +$880,600,000 GF RV See Note) |
| | | HB64 | MONTOUCET | TAX/SALES-USE, ST-EXEMPT - Provides for the extent of the state sales and use tax exemption for business utilities (Items #9 and 36) (EG +$238,200,000 GF RV See Note) |
| | | HB65 | MONTOUCET | TAX/SALES & USE - Requires the advance payment of sales tax (Item #35) (OR INCREASE GF RV See Note) |
OTHER BUSINESS |
| | MORNING: Various state agencies brief the committee |
| | AFTERNOON: Various state agencies brief the committee |
ANNOUNCEMENTS |