S1406 GENERAL BILL by Lawson (Identical H 0675, Compare CS/H 1009, CS/2ND
Taxation [WPSC]; Recreates the annual intangible personal property tax.
Provides for imposition of the annual tax. Provides requirements for the
basis of assessments and valuation of intangible personal property.
Provides for a credit for taxes imposed by other states. Specifies
requirements for taxable situs of intangible personal property. Provides
rules and criteria to determine if a corporation is a member of a
water's edge group, etc. APPROPRIATION: Indeterminate. EFFECTIVE DATE:
07/01/2010 except as otherwise provided.
01/26/10 SENATE Filed
02/03/10 SENATE Referred to Banking and Insurance; Finance and Tax; General
Government Appropriations; Policy & Steering Committee on
Ways and Means
03/02/10 SENATE Introduced, referred to Banking and Insurance; Finance and
Tax; General Government Appropriations; Policy & Steering
Committee on Ways and Means -SJ 00099
04/30/10 SENATE Died in Committee on Banking and Insurance, companion bill(s)
passed, see CS/SB 2126 (Ch. 2010-24)