2020 Senate Bill 1035

Revise business partnership income tax detail

Introduced in the Senate

July 23, 2020

Introduced by Sen. Jim Runestad (R-15)

To establish methods to be used in calculating income tax liability related to reporting federal adjustments made as a result of partnership level audits.

Referred to the Committee on Finance

Sept. 10, 2020

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Sept. 30, 2020

Passed in the Senate 38 to 0 (details)

Received in the House

Sept. 30, 2020

Referred to the Committee on Tax Policy

Dec. 2, 2020

Reported without amendment

Refer to the Committee on Ways and Means.

Referred to the Committee on Ways and Means