Senate Committee on Revenue and Fiscal Affairs
April 17, 2017
1:00 pm
John J. Hainkel, Jr. Room

Adjourned
 
* Agenda Revised April 15, 2017, 8:28 am *
Revision Notes: REMOVED SB180

 




  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
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CALL TO ORDER

ROLL CALL

APPROVAL OF MINUTES FROM THE 2016 REGULAR SESSION AND SPECIAL SESSIONS

LEGISLATION TO BE CONSIDERED
 SB18PEACOCKTAX/TAXATION - Provides a tax credit for conversion of vehicles to alternative fuel for purchases before January 1, 2018. (gov sig) (OR +$1,800,000 GF RV See Note)
 SB22PEACOCKTAX/TAXATION - Provides for items eligible for the 2nd Amendment Sales Tax Holiday. (8/1/17) (EG +$400,000 GF RV See Note)
 SB25MORRELLTAX/INCOME/PERSONAL - Sunsets the individual income tax education credit. (gov sig) (EN +$9,200,000 GF RV See Note)
 SB26MORRELLTAX EXEMPTIONS - Constitutional amendment to prohibit contracts under the industrial property tax exemption program from exempting millages related to school funding. (2/3 - CA13s1(A)) (EG INCREASE LF RV See Note)
 SB33MORRELLTAX/TAXATION - Eliminates sunset provision on credit for taxes paid in other states. (gov sig) (EG +$31,300,000 GF RV See Note)
 SB48MORRELLTAX/TAXATION - Provides for the termination of the credit for purchase of qualified recycling equipment or service contracts. (gov sig) (EG +$100,000 GF RV See Note)
 SB79LUNEAUTAX/TAXATION - Removes the June 30, 2018, sunset provision and makes permanent reductions to certain income and corporation franchise tax credits. (gov sig) (EN +$12,500,000 GF RV See Note)
 SB93FRED MILLSTAX/TAXATION - Excludes from repairs to tangible personal property and fabrication certain preparation and painting of certain aircraft for purposes of sales and use tax aircraft having an FAA registration address outside the state. (7/1/17) (EN NO IMPACT GF RV See Note)
 SB174MORRELLTAX/TAXATION - Provides for a deduction for individual and corporate income tax for certain disaster payments. (gov sig) (EG DECREASE GF RV See Note)
 SB175MORRELLTAX/INCOME/PERSONAL - Provides for a deduction for certain casualty losses arising from a major disaster. (gov sig) (EG DECREASE GF RV See Note)
 SB182MORRELLTAX/AD VALOREM - Provides for the tax credit for ad valorem taxes paid on inventory by taxpayers included in one consolidated federal income tax return. (gov sig) (EN DECREASE GF RV See Note)

CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE

ADJOURNMENT