Income tax; match tax rate imposed on corporations to that imposed on individual taxpayers

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AI Summary: The bill aims to align the tax rates applied to corporations with those imposed on individual taxpayers. This would likely involve adjusting the corporate tax rate to be more in line with individual income tax rates. The impact of this change would affect how businesses are taxed and could have significant implications for corporate finances and government revenue.

Latest Action: House Hopper

Comments Contributions Actions (18) Sponsors (6) Cosponsors (1) Text Versions (5) Roll Calls (3) Amendments (0) View All

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Actions (18):

2024-01-24 : House Hopper
2024-01-25 : House First Readers
2024-01-26 : House Second Readers
2024-02-22 : House Committee Favorably Reported By Substitute
2024-02-26 : House Withdrawn, Recommitted
2024-02-26 : House Committee Favorably Reported By Substitute
2024-02-29 : House Third Readers
2024-02-29 : House Passed/Adopted By Substitute
2024-03-04 : Senate Read and Referred
2024-03-14 : Senate Committee Favorably Reported
2024-03-18 : Senate Read Second Time
2024-03-20 : Senate Engrossed
2024-03-20 : Senate Third Read
2024-03-20 : Senate Passed/Adopted
2024-04-01 : House Sent to Governor
2024-04-18 : House Date Signed by Governor
2024-04-18 : Act 376
2024-04-18 : Effective Date 2024-07-01

Sponsors (6)

Cosponsors (1):

Chuck Hufstetler, (Republic)

Text Versions (5):

Roll Calls (3):

Roll Call Agency: House
Vote Date: 2024-02-29
Description: Passage: House Vote #611
Yea Votes: 138
Members Voting: Debbie Buckner,Charlice Byrd,Mike Cheokas,Sharon Cooper,Katie Dempsey,Gerald Greene,Penny Houston,Carolyn Hugley,Mack Jackson,Jan Jones,Sheila Jones,David Knight,Pedro Marin,Charles Martin,Billy Mitchell,Butch Parrish,Don Parsons,Alan Powell,Lynn Smith,Ron Stephens,Al Williams,Lee Hawkins,Doug Stoner,Bruce Williamson,Dar'shun Kendrick,Rick Jasperse,Stacey Evans,James Hatchett,Scott Holcomb,Darlene Taylor,Yasmin Neal,David Wilkerson,Robert Dickey,John Carson,Emory Dunahoo,Bill Hitchens,Demetrius Douglas,Dexter Sharper,Eddie Lumsden,Karen Bennett,Kimberly Alexander,Mandi Ballinger,Michael Smith,Spencer Frye,Trey Kelley,Chuck Efstration,Brian Prince,Steve Tarvin,John Corbett,William Werkheiser,David Clark,Trey Rhodes,Shaw Blackmon,Doreen Carter,Jodi Lott,Clay Pirkle,Karen Mathiak,Josh Bonner,J Collins,Matt Dubnik,Carl Gilliard,Scott Hilton,Todd Jones,Mark Newton,Jason Ridley,Deborah Silcox,Teri Anulewicz,Kasey Carpenter,John LaHood,Vance Smith,Chris Erwin,Houston Gaines,Matthew Gambill,Joseph Gullett,Gregg Kennard,Danny Mathis,Steven Meeks,Martin Momtahan,Steven Sainz,Mitchell Scoggins,Dale Washburn,Marcus Wiedower,Noel Williams,Ginny Ehrhart,Matt Barton,James Burchett,Bill Yearta,Joe Campbell,Victor Anderson,Mike Cameron,Beth Camp,Clint Crowe,Buddy DeLoach,Stan Gunter,Sharon Henderson,David Jenkins,Rob Leverett,Regina Lewis-Ward,Mesha Mainor,Lauren McDonald,Shea Roberts,Tyler Smith,Brad Thomas,Mandisha Thomas,Will Wade,Leesa Hagan,Edna Jackson,Devan Seabaugh,Imani Barnes,Esther Panitch,Soo Hong,Solomon Adesanya,Segun Adeyina,Bethany Ballard,Brent Cox,Terry Cummings,Lauren Daniel,Tim Fleming,Lehman Franklin,Lynn Gladney,Lydia Glaize,Mitchell Horner,Karlton Howard,David Huddleston,Reynaldo Martinez,Derrick McCollum,Kimberly New,Gabe Okoye,Teddy Reese,Matt Reeves,David Sampson,Rick Townsend,Long Tran,Kenneth Vance,Carter Barrett,Charles Cannon,Johnny Chastain,Holt Persinger
Nay Votes: 28
Members Voting: Roger Bruce,Karla Drenner,Mary Oliver,Sandra Scott,James Beverly,Dewey McClain,Samuel Park,Rhonda Burnough,Derrick Jackson,Kim Schofield,El-Mahdi Holly,Viola Davis,Becky Evans,Betsy Holland,Shelly Hutchinson,Mary Williams,Marvin Lim,Rhonda Taylor,Angela Moore,Lisa Campbell,Saira Draper,Karen Lupton,Tanya Miller,Farooq Mughal,Phil Olaleye,Ruwa Romman,Anne Westbrook,Eric Bell
Absent Votes: 8
Members Voting: Gloria Frazier,Patty Stinson,Park Cannon,Debra Bazemore,Jasmine Clark,Michelle Au,Omari Crawford,Jordan Ridley
Excused Votes: 4
Members Voting: Jon Burns,Miriam Paris,Jesse Petrea,Inga Willis

Roll Call Agency: Senate
Vote Date: 2024-03-20
Description: Motion To Engross: Hb 808, Hb 1023: Senate Vote #689
Yea Votes: 31
Members Voting: Lee Anderson,Ed Setzler,Bill Cowsert,Frank Ginn,John Albers,Steve Gooch,Ben Watson,Brandon Beach,Chuck Hufstetler,Brian Strickland,Sam Watson,Marty Harbin,John Kennedy,Larry Walker,Ricky Williams,Matt Brass,Chuck Payne,Kay Kirkpatrick,Greg Dolezal,Randy Robertson,Carden Summers,Jason Anavitarte,Max Burns,Clint Dixon,Russ Goodman,Bo Hatchett,Billy Hickman,Shelly Echols,Shawn Still,Mike Hodges,Timothy Bearden
Nay Votes: 22
Members Voting: David Lucas,Gloria Butler,Ed Harbison,Emanuel Jones,Nan Orrock,Valencia Seay,Freddie Sims,Gail Davenport,Elena Parent,Tonya Anderson,Harold Jones,Michael Rhett,Sally Harrell,Sheikh Rahman,Josh McLaurin,Colton Moore,Sonya Halpern,Kim Jackson,Nikki Merritt,Derek Mallow,Jason Esteves,Nabilah Islam Parkes
Absent Votes: 2
Members Voting: Horacena Tate,Blake Tillery
Excused Votes: 1
Members Voting: Donzella James

Roll Call Agency: Senate
Vote Date: 2024-03-20
Description: Passage: Senate Vote #700
Yea Votes: 34
Members Voting: Lee Anderson,Ed Setzler,Bill Cowsert,Emanuel Jones,Freddie Sims,Frank Ginn,Steve Gooch,Ben Watson,Brandon Beach,Chuck Hufstetler,Brian Strickland,Sam Watson,Marty Harbin,John Kennedy,Larry Walker,Ricky Williams,Blake Tillery,Matt Brass,Chuck Payne,Kay Kirkpatrick,Greg Dolezal,Randy Robertson,Colton Moore,Carden Summers,Jason Anavitarte,Max Burns,Clint Dixon,Russ Goodman,Bo Hatchett,Billy Hickman,Shelly Echols,Shawn Still,Mike Hodges,Timothy Bearden
Nay Votes: 17
Members Voting: Gloria Butler,Ed Harbison,Donzella James,Nan Orrock,Valencia Seay,Gail Davenport,Elena Parent,Tonya Anderson,Michael Rhett,Sally Harrell,Sheikh Rahman,Josh McLaurin,Sonya Halpern,Nikki Merritt,Derek Mallow,Jason Esteves,Nabilah Islam Parkes
Absent Votes: 4
Members Voting: Horacena Tate,John Albers,Harold Jones,Kim Jackson
Excused Votes: 1
Members Voting: David Lucas