2007 House Bill 4387 (FY 2008 Executive Budget “Revenue Enhancements” ) (House Roll Call 103)
Passed in the House (57 to 51) on April 17, 2007, to require a person to add to their taxable income for purposes of calculating their state income tax liability any expenses incurred in the production of certain income that is not taxable under the state income tax, if those expenses were deducted from the person’s federal income tax base. That applies to expenses associated with oil and gas production. This is one of a number of “tax expenditure repeal” proposals proposed to pay for higher spending in the Fiscal Year 2007-2008 budget, and would increase the amount certain taxpayers pay by approximately $3.9 million. [History, Amendments & Comments]
The vote was 57 in favor, 51 opposed, and 2 not voting
(House Roll Call 103 at House Journal 35)
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The following legislators supported 2007 House Bill 4387 (FY 2008 Executive Budget “Revenue Enhancements” ):
The following legislators opposed 2007 House Bill 4387 (FY 2008 Executive Budget “Revenue Enhancements” ):
The following legislators did not vote on 2007 House Bill 4387 (FY 2008 Executive Budget “Revenue Enhancements” ):
| Emmons (R) | Garfield (R) |
Most Recent Comments
1) Does this include... [by Anonymous Citizen on March 27, 2007]Representatives and Governors? You can bet it won't.
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Introduced in the House on March 1, 2007, to require a person to add to their taxable income for purposes of calculating their state income tax liability any expenses incurred in the production of certain income that is not taxable under the state income tax, if those expenses were deducted from the person’s federal income tax base. That applies to expenses associated with oil and gas production. This is one of a number of “tax expenditure repeal” proposals proposed to pay for higher spending in the Fiscal Year 2007-2008 budget, and would increase the amount certain taxpayers pay by approximately $3.9 million
The vote was 57 in favor, 51 opposed and 2 not voting
(House Roll Call 103 at House Journal 35)
Click here to view bill details.
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