Finance Committee Hearing
April 13, 2011
Room 461 Main Capitol
Senate Bill 704 (Gordner) – Changes the composition of the State Tax Equalization Board by adding the Secretary of Education and the Secretary of Revenue as members.
Senate Bill 158 (Fontana) – Amends the New Home Construction Local Tax Abatement Act to extend the application deadline.
Senate Bill 320 (Tomlinson) – Eliminates interest and penalty for underpayment of personal income tax for taxpayers who make estimated payments equal to the taxpayer’s liability in the previous year.
Senate Bill 405 (Browne) – clarifies the conditions under which a local taxing jurisdiction may levy a mercantile or business privilege tax on gross receipts or on the privilege of doing business within a local taxing jurisdiction.
Senate Bill 564 (Dinniman) – Excludes sales to or use by volunteer firefighters’ relief associations from the sales and use tax.
Senate Bill 634 (Brubaker) – Requires 25% of neighborhood assistance tax credits to be dedicated to charitable food programs.