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Bills · 2011-2012 Regular Session

AB 341

Died at session end Official bill text Atom feed

the eligibility for relocation tax benefits.

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, a person who moves a business from another state or

another country to this state may claim a tax deduction or tax credit against the

person's income or franchise tax liability, for two consecutive taxable years, equal to

the full amount of the person's tax liability. Under this bill, if such a person relocates

the person's business to a location in this state that is within five miles of, or in the

same county as, another business in this state that is engaged in the same type of

business, the other business may also claim a tax deduction or tax credit, for two

consecutive taxable years, equal to its entire tax liability.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Barca (D) , Bewley (D) , Clark (D) , Danou (D) , Doyle (D) , Hebl (D) , Jorgensen (D) , Milroy (D) , Molepske Jr (D) , Pasch (D) , Pope-Roberts (D) , Ringhand (D) , Seidel (D) , Sinicki (D) , Staskunas (D) , Steinbrink (D) , Turner (D) , Vruwink (D) , Zepnick (D)

4 cosponsors

Holperin (D) , Lassa (D) , Vinehout (D) , Wirch (D)

Full history

  1. Oct 25, 2011 · Assembly

    Introduced by Representatives Barca, Danou, Milroy, Seidel, Jorgensen, Doyle, Molepske Jr, Clark, Staskunas, Vruwink, Pasch, Steinbrink, Sinicki, Hebl, Pope-Roberts, Zepnick, Ringhand, Bewley and Turner;Cosponsored by Senators Vinehout, Wirch, Holperin and Lassa

  2. Oct 25, 2011 · Assembly

    Read first time and referred to committee on Jobs, Economy and Small Business

  3. Nov 10, 2011 · Assembly

    Fiscal estimate received

  4. Feb 16, 2012 · Assembly

    Withdrawn from committee on Jobs, Economy and Small Business and referred to committee on Rural Economic Development and Rural Affairs pursuant to Assembly Rule 42 (3)(c)

  5. Mar 23, 2012 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1