Income tax, state; SCC to determine tax costs for investor-owned public utilities. (HB3153)
Introduced By
Progress
✓ |
Introduced |
☐ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; public utilities. Directs the State Corporation Commission, when it determines the cost of service in rates, to apply the applicable tax rate as if the public utility filed an income tax return on a stand-alone basis, without regard to the operations of its affiliates. The measure states that it is declarative of existing law. Read the Bill »
Status
03/19/2007: signed by governor
History
| Date | Action |
|---|---|
| 01/19/2007 | Committee |
| 01/19/2007 | Presented and ordered printed 079273432 |
| 01/19/2007 | Referred to Committee on Commerce and Labor |
| 01/26/2007 | Assigned C & L sub: Utilities/Employment (Byron) |
| 01/31/2007 | Committee substitute printed 070257432-H1 |
| 02/01/2007 | Read first time |
| 02/02/2007 | Read second time |
| 02/02/2007 | Committee substitute agreed to 070257432-H1 |
| 02/02/2007 | Engrossed by House - committee substitute HB3153H1 |
| 02/03/2007 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 02/03/2007 | Communicated to Senate |
| 02/05/2007 | Impact statement from SCC (HB3153H1) |
| 02/05/2007 | Constitutional reading dispensed |
| 02/05/2007 | Referred to Committee on Commerce and Labor |
| 02/19/2007 | Committee substitute printed 070287432-S1 |
| 02/20/2007 | Constitutional reading dispensed (40-Y 0-N) |
| 02/20/2007 | VOTE: (40-Y 0-N) (see vote tally) |
| 02/21/2007 | Read third time |
| 02/21/2007 | Reading of substitute waived |
| 02/21/2007 | Committee substitute agreed to 070287432-S1 |
| 02/21/2007 | Engrossed by Senate - committee substitute HB3153S1 |
| 02/21/2007 | Passed Senate with substitute (39-Y 0-N) |
| 02/21/2007 | VOTE: (39-Y 0-N) (see vote tally) |
| 02/21/2007 | Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) |
| 02/21/2007 | Passed Senate with substitute (40-Y 0-N) |
| 02/21/2007 | VOTE: (40-Y 0-N) (see vote tally) |
| 02/22/2007 | Placed on Calendar |
| 02/22/2007 | Senate substitute agreed to by House (96-Y 0-N) |
| 02/22/2007 | VOTE: ADOPTION (96-Y 0-N) (see vote tally) |
| 03/02/2007 | Impact statement from SCC (HB3153S1) |
| 03/12/2007 | Enrolled |
| 03/12/2007 | Bill text as passed House and Senate (HB3153ER) |
| 03/12/2007 | Signed by President |
| 03/13/2007 | Signed by Speaker |
| 03/14/2007 | Impact statement from SCC (HB3153ER) |
| 03/19/2007 | G Approved by Governor-Chapter 537 (effective 7/1/07) |
| 03/27/2007 | G Acts of Assembly Chapter text (CHAP0537) |