Introduced by Sen. Darwin Booher (R) on September 19, 2013, to revise details of the "franchise tax" imposed on financial institutions, including the "apportionment" of the tax to earnings generated in other states, and the application of the tax given different ownership structures.
Referred to the Senate Finance Committee on September 19, 2013.
Reported in the Senate on November 14, 2013, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on December 3, 2013. The substitute passed by voice vote in the Senate on December 3, 2013.