2015 Regular Session
Overview
At the request of: | (at the request of Senate Interim Committee on Finance and Revenue) |
Chief Sponsors: | |
Regular Sponsors: | |
Bill Title: | Relating to reduced rates of taxation on pass-through income; prescribing an effective date. |
Catchline/Summary: | Modifies conditions for optional reduced rates of personal income tax on nonpassive income attributable to partnership or S corporation by aligning with federal provision that allows for elective grouping of related entities that form economic unit. |
Chapter Number: | |
Fiscal Impact: | May Have Fiscal Impact, But No Statement Yet Issued |
Revenue Impact: | May Have Revenue Impact, But No Statement Yet Issued |
Measure Analysis: | Staff Measure Summary / Impact Statements |
Current Location: | In Senate Committee |
Current Committee: | Senate Committee On Finance and Revenue |
Current Subcommittee: | |
Subsequent Referral(s): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |