Bills · 2009-2010 Regular Session
denying tax benefits to financial institutions that violate the state or federal soldiers' relief act.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current federal law, persons who are in active service in the U.S. armed
forces and their dependents are given certain protections related to lawsuits, leases,
obligations, and contracts for the period in which they are in active service. In
addition, under current state law, a person who is in active service in the U.S. armed
forces is not liable for penalties and interest related to unpaid property taxes during
the period in which the person is in active service. Under this bill, the Department
of Revenue must deny tax benefits to any financial organization that violates the
protections offered under state and federal law to persons who are in active service
in the U.S. armed forces and their dependents related to lawsuits, leases, obligations,
contracts, and property taxes.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 5, 2009 · Assembly
- Feb 5, 2009 · Assembly
Read first time and referred to committee on Financial Institutions
- Feb 26, 2009 · Assembly
Fiscal estimate received
- Mar 26, 2009 · Assembly
Assembly substitute amendment 1 offered by Representative Schneider
- Apr 28, 2010 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1