2011 House Bill 4962

Corporate Income Tax “cleanup” package

Introduced in the House

Sept. 13, 2011

Introduced by Rep. John Walsh (R-19)

To make a number of clarifications, corrections or technical adjustments to provisions of the state income tax related to the taxation of businesses. The package consists of House Bills 4937 to 4968. This bill specifies that prewritten software sales are taxed where the software is accessed by computers. Because the bill amends the income tax, not the sales or use tax, it probably does not involve the (controversial) issue of potential “cloud computing” taxation.

Referred to the Committee on Tax Policy

Sept. 14, 2011

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Oct. 19, 2011

Motion by Rep. Jim Stamas (R-98)

The motion passed by voice vote

Referred to the Committee on Tax Policy