HB 879 Income tax, state; subtraction for certain death benefit payments.
Mark D. Sickles | all patrons    ...    notes
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Summary as introduced:
Income tax; subtraction for certain death benefit payments.  Clarifies that the current subtraction applies only to death benefit payments (i) paid to a beneficiary that are pursuant to an annuity contract between an annuitant and an insurance company and (ii) paid solely by lump sum. The bill reflects the current manner in which the Department of Taxation is implementing the subtraction.

Full text:
01/11/12  House: Prefiled and ordered printed; offered 01/11/12 12101171D  pdf | impact statement
03/05/12  House: Bill text as passed House and Senate (HB879ER)  pdf | impact statement
03/21/12  Governor: Acts of Assembly Chapter text (CHAP0305)  pdf

Amendments:
Senate amendments
Senate amendments engrossed

Status:
01/11/12  House: Prefiled and ordered printed; offered 01/11/12 12101171D
01/11/12  House: Referred to Committee on Finance
01/20/12  House: Assigned Finance sub: #2
01/25/12  House: Subcommittee recommends reporting (10-Y 0-N)
01/30/12  House: Reported from Finance (22-Y 0-N)
01/31/12  House: Read first time
02/01/12  House: Read second time and engrossed
02/02/12  House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/02/12  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/03/12  Senate: Constitutional reading dispensed
02/03/12  Senate: Referred to Committee on Finance
02/22/12  Senate: Reported from Finance with amendment (13-Y 0-N)
02/23/12  Senate: Constitutional reading dispensed (40-Y 0-N)
02/24/12  Senate: Read third time
02/24/12  Senate: Reading of amendment waived
02/24/12  Senate: Committee amendment agreed to
02/24/12  Senate: Engrossed by Senate as amended
02/24/12  Senate: Passed Senate with amendment (37-Y 0-N)
02/24/12  Senate: Reconsideration of Senate passage agreed to by Senate (38-Y 0-N)
02/24/12  Senate: Passed Senate with amendment (38-Y 0-N)
02/27/12  House: Placed on Calendar
02/28/12  House: Senate amendment agreed to by House (98-Y 0-N)
02/28/12  House: VOTE: ADOPTION (98-Y 0-N)
03/05/12  House: Enrolled
03/05/12  House: Bill text as passed House and Senate (HB879ER)
03/05/12  House: Signed by Speaker
03/07/12  Senate: Signed by President
03/21/12  Governor: Approved by Governor-Chapter 305 (effective 7/1/12)
03/21/12  Governor: Acts of Assembly Chapter text (CHAP0305)