Legislature(2013 - 2014)
2013-02-27 Senate Journal
Full Journal pdf2013-02-27 Senate Journal Page 0420 SB 7 SENATE BILL NO. 7 "An Act relating to the computation of the tax on the taxable income of a corporation derived from sources within the state" was read the second time. 2013-02-27 Senate Journal Page 0421 Senator Wielechowski offered Amendment No. 1 : Page 1, line 8: Delete "1 percent of the taxable income" Insert "zero [1 PERCENT OF THE TAXABLE INCOME]" Senator Wielechowski moved for the adoption of Amendment No. 1. Senator Coghill objected, then withdrew his objection. There being no further objection, Amendment No. 1 was adopted. Senator Wielechowski offered Amendment No. 2 : Page 1, line 8: Delete "1 percent of the taxable income" Insert "zero [1 PERCENT OF THE TAXABLE INCOME]" Page 1, line 10: Delete "$49,000" Insert "$100,000" Page 1, line 12: Delete "$49,000" Insert "$100,000" Delete "$730" Insert "$2,500" Delete "3" Insert "5 [3]" Page 1, line 13: Delete "$74,000" Insert "$200,000" Delete "$49,000" Insert "$100,000" Page 2, lines 1 - 18: Delete all material and insert: "[$30,000 BUT LESS THAN $40,000 $600 PLUS 4 PERCENT OF THE TAXABLE INCOME OVER $30,000 2013-02-27 Senate Journal Page 0422 $40,000 BUT LESS THAN $50,000 $1,000 PLUS 5 PERCENT OF THE TAXABLE INCOME OVER $40,000 $50,000 BUT LESS THAN $60,000 $1,500 PLUS 6 PERCENT OF THE TAXABLE INCOME OVER $50,000 $60,000 BUT LESS THAN $70,000 $2,100 PLUS 7 PERCENT OF THE TAXABLE INCOME OVER $60,000 $70,000 BUT LESS THAN $80,000 $2,800 PLUS 8 PERCENT OF THE TAXABLE INCOME OVER $70,000 $80,000 BUT LESS THAN $90,000 $3,600 PLUS 9 PERCENT OF THE TAXABLE INCOME OVER $80,000]" Page 2, line 19: Delete "$222,000" Insert "$200,000" Delete "$11,080" Insert "$10,000" Page 2, line 20: Delete "$222,000" Insert "$200,000" Senator Wielechowski moved for the adoption of Amendment No. 2. Senator Giessel objected. The question being: "Shall Amendment No. 2 be adopted?" The roll was taken with the following result: 2013-02-27 Senate Journal Page 0423 SB 7 am Second Reading Amendment No. 2 YEAS: 5 NAYS: 15 EXCUSED: 0 ABSENT: 0 Yeas: Ellis, French, Hoffman, Olson, Wielechowski Nays: Bishop, Coghill, Dunleavy, Dyson, Egan, Fairclough, Gardner, Giessel, Huggins, Kelly, McGuire, Meyer, Micciche, Stedman, Stevens and so, Amendment No. 2 failed. President Huggins stated SENATE BILL NO. 7 am will advance to third reading on the February 28 calendar.