Proyectos de ley › 88.ª Asamblea General
Excluding from the computation of net income for state individual income tax purposes the net capital gain from sales of agricultural property located within certain cities to a housing developer, and including effective date and retroactive applicability provisions
Dónde está ahora
- Hecho: Presentado12 de febrero de 2020
- Hecho: Subcomité19 de febrero de 2020
- Se detuvo: Comité de la CámaraMurió al terminar la Asamblea General
- Sigue: Lo aprueba la Cámara
- Sigue: Comité del Senado
- Sigue: Lo aprueba el Senado
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2020 terminó el 14 de junio de 2020, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
La explicación oficial está en inglés; todavía no hay resumen en palabras sencillas.
This bill excludes from the computation of net income for state individual income tax purposes the net capital gain from sales of agricultural property located within certain cities to a housing developer. The bill excludes the net capital gain on the sale of real property used in a farming business when the property is located within the city limits of an incorporated city that has a population of less than 6,000 residents based on the most recent federal decennial census, and the property is sold to a housing developer.
Lea la explicación completa
The bill defines “housing developer” and “real property used in a farming business”. The department of revenue is required to adopt rules pursuant to Code chapter 17A to administer the bill. The bill takes effect upon enactment and applies retroactively to tax years beginning on or after January 1, 2020.
House subcommittee
Named February 19, 2020. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part