SB 1173

RELATING TO TAXATION

By Senator(s) MIZUGUCHI (BR)

Companion Bill: HB 1200

Subjects: Governor

Keywords: BANKS AND BANKING, BUSINESS ENTERPRISES, CORPORATIONS, FINANCIAL INSTITUTIONS, INCOME TAX, TAX ASSESSMENT AND COLLECTION, TAXATION

Report Title: Corporations; tax rates

Description: Provides income tax rate reductions for corporations, regulated investment companies, and real estate investment trusts. Provides franchise tax rate reductions for banks and financial corporations.

 1-26-99        S Introduced and passed First Reading                      
 1-27-99        S Referred to WAM                                          
 2- 3-99        S Bill scheduled to be heard by WAM on 02-09-99 at
                  9:00 a.m. in conference room 211
 2- 9-99        S The measure is deferred.                                 
 3- 2-99        S Notice of public decision making by WAM on 03-05-99         
                  at 9:00 a.m. in conference room 211.
 3- 5-99        S The committee on WAM recommends that the measure be         
                  HELD.
 3- 5-99        S The votes in WAM were as follows: 12 Ayes:
                  Senator(s) Fukunaga, Levin, Buen, Chun, Chun
                  Oakland, D. Ige, M. Ige, Iwase, Kawamoto, Nakata,
                  Tam; Ayes with reservations: Senator(s) Anderson;
                  none Noes: Senator(s) ; and 1 Excused: Senator(s)
                  Taniguchi
 1-19-00        S Carried over to 2000 Regular Session.