2011 Senate Bill 657

Corporate Income Tax “cleanup” package

Introduced in the Senate

Sept. 15, 2011

Introduced by Sen. Jack Brandenburg (R-11)

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 Senate Bills 650 to 681. This bill specifies the tax treatment of persons joining or leaving a “unitary business group” midway through the tax year.

Referred to the Committee on Finance

Sept. 22, 2011

Reported without amendment

With the recommendation that the bill pass.

Nov. 9, 2011

Referred to the Committee on Finance