NY S08991 | 2017-2018 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on June 19 2018 - 50% progression, died in committee
Action: 2018-06-19 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on June 19 2018 - 50% progression, died in committee
Action: 2018-06-19 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Amended) [HTML]
Summary
Relates to the definitions of the terms "CFC income" and "entire net income"; provides that exempt CFC income shall include income required to be included in a taxpayer's federal gross income pursuant to subsection (a) of section 951A of the internal revenue code; excludes the amount of any federal deduction allowed pursuant to section 250(a)(1)(B)(i) of the IRC from being included in the calculation of entire net income.
Title
Relates to the definitions of the terms "CFC income" and "entire net income"; provides that exempt CFC income shall include income required to be included in a taxpayer's federal gross income pursuant to subsection (a) of section 951A of the internal revenue code; excludes the amount of any federal deduction allowed pursuant to section 250(a)(1)(B)(i) of the IRC from being included in the calculation of entire net income.
Sponsors
Roll Calls
2018-06-19 - Senate - Senate Floor Vote - Final Passage (Y: 59 N: 3 NV: 0 Abs: 1) [PASS]
2018-06-19 - Senate - Senate Rules Committee Vote (Y: 24 N: 1 NV: 0 Abs: 0) [PASS]
2018-06-19 - Senate - Senate Rules Committee Vote (Y: 24 N: 1 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-06-19 | Assembly | referred to ways and means |
2018-06-19 | Senate | DELIVERED TO ASSEMBLY |
2018-06-19 | Senate | PASSED SENATE |
2018-06-19 | Senate | ORDERED TO THIRD READING CAL.1987 |
2018-06-14 | Senate | PRINT NUMBER 8991A |
2018-06-14 | Senate | AMEND AND RECOMMIT TO RULES |
2018-06-11 | Senate | REFERRED TO RULES |