FL S1384 | 2011 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 24 2011 - 25% progression, died in chamber
Action: 2011-05-07 - Indefinitely postponed and withdrawn from consideration
Text: Latest bill text (Comm Sub) [HTML]

Summary

Revises provisions relating to tax liability when a person transfers or quits a business. Provides that the transfer of the assets of a business or stock of goods of a business under certain circumstances is considered a transfer of the business. Provides that transferees of the business are liable for certain taxes unless specified conditions are met. Provides methods for calculating the fair market value or total purchase price of specified business transfers to determine maximum tax liability of transferees, etc.

Tracking Information

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Title

Transfer of Tax Liability

Sponsors


History

DateChamberAction
2011-05-07 Indefinitely postponed and withdrawn from consideration
2011-05-05 Placed on Special Order Calendar, 05/05/11
2011-05-03 Withdrawn from Budget -SJ 725
2011-04-26 CS by Commerce and Tourism read 1st time -SJ 485
2011-04-25 Favorable by Judiciary; YEAS 7 NAYS 0 -SJ 468
2011-04-20 On Committee agenda-- Judiciary, 04/25/11, 9:45 am, 110 Senate Office Building
2011-04-15 Now in Judiciary -SJ 470
2011-04-14 Pending reference review under Rule 4.7(2) - (Committee Substitute)
2011-04-12 CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 470
2011-04-07 On Committee agenda-- Commerce and Tourism, 04/12/11, 9:15 am, 401 Senate Office Building
2011-03-08 Introduced -SJ 103
2011-03-07 Referred to Commerce and Tourism; Judiciary; Budget -SJ 103
2011-02-24 Filed

Same As/Similar To

H0907 () 2011-05-07 - Indefinitely postponed and withdrawn from consideration

Code Citations

ChapterArticleSectionCitation TypeStatute Text
20231Amended CodeSee Bill Text
2121Amended CodeSee Bill Text
21210Amended CodeSee Bill Text
213053Amended CodeSee Bill Text
213758Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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