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HF 2480

Status in the House for the 87th Legislature (2011 - 2012)

Description

Income and corporate franchise taxation foreign source income preferences eliminated, foreign royalties subtraction repealed, domestic corporations definition expanded; JOBZ tax benefits and apportionment of income modified; corporate franchise tax rates reduced; foreign operating corporations and mail order businesses special apportionment formula repealed; and school aid payment and property tax recognition shifts repaid.

Authors (12)

Actions

House

02/23/2012
Introduction and first reading, referred to Taxes
pg. 5711 Intro
02/29/2012
Author added Slocum
pg. 5809
03/07/2012
Authors added Ward and Hausman
pg. 5999
03/22/2012
Author added Falk
pg. 7130
04/30/2012
Author added Loeffler
pg. 9352