Consideration of SB 704, SB 158, SB 318, SB 320, SB 405, SB 564 and SB 634

Finance Committee Hearing

April 13, 2011
9:30 AM
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.

Bill Summary

Senate Bill 158 (Fontana) – Amends the New Home Construction Local Tax Abatement Act to extend the application deadline.

Bill Summary

Senate Bill 318 (Tomlinson) – Allows a surviving spouse to file a joint personal income tax return for the year in which his or her spouse died.
Bill Summary

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.

Bill Summary

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.

Bill Summary

Amendment A01147

Senate Bill 564 (Dinniman) – Excludes sales to or use by volunteer firefighters’ relief associations from the sales and use tax.

Bill Summary

Amendment A01481

Senate Bill 634 (Brubaker) – Requires 25% of neighborhood assistance tax credits to be dedicated to charitable food programs.

Bill Summary

Amendment A01416