2016-02-24                     House Journal                      Page 1676
HB 309                                                                                                                        
SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 309 by                                                                                    
Representative Gara, entitled:                                                                                                  
                                                                                                                                

2016-02-24                     House Journal                      Page 1677
    "An Act bearing the short title of the 'Corporate Tax Loophole                                                              
    Elimination Act'; establishing an individual income tax for the                                                             
    taxation of income from certain corporations that are not C                                                                 
    corporations; relating to exemptions from the tax on corporations;                                                          
    repealing tax credits applied against the tax on individuals; and                                                           
    providing for an effective date."                                                                                           
                                                                                                                                
was read the first time and referred to the Labor & Commerce and                                                                
Finance Committees.