Introduced
by
To extend for an additional four years a Single Business Tax break that exempts sales by Delphi and Visteon corporations to GM and Ford (respectively) from the tax. These firms were spun-off from the auto makers in 1999. The bill adds certain employment and investment level provisions that must be maintained to qualify for the tax break.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises tge employment and investment level provisions that the companies must maintain to qualify for the tax break.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
To extend for an additional four years a Single Business Tax break that exempts sales by Delphi and Visteon corporations to GM and Ford (respectively) from the tax. These firms were spun-off from the auto makers in 1999.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Substitute offered
by
To replace the previous version of the bill with one that revises the employment and investment level provisions that the companies must maintain to qualify for the tax break.
The substitute passed by voice vote
Amendment offered
by
To clarify that the employment and investment level thresholds that the companies must maintain to qualify for the tax break refer to investments in this state.
The amendment passed by voice vote
Passed in the House 106 to 2 (details)
To extend for an additional four years a Single Business Tax break that exempts sales by Delphi and Visteon corporations to GM and Ford (respectively) from the tax. These firms were spun-off from the auto makers in 1999.
To concur with the House-passed version of the bill.
Passed in the Senate 37 to 0 (details)
