Income tax, corporate; tax returns of affiliated corporations.
Summary
Tax returns of affiliated corporations; permission to change basis of type of return filed. Decreases from 20 years to 12 years the time period for which an affiliated group of corporations must file on the same basis before it may apply to the Tax Commissioner for permission to change the basis of the type of return filed (i) from consolidated to separate or (ii) from separate or combined to consolidated.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2022
Committee Review
Mar 2022
House of Delegates Passage
Feb 2022
Senate Passage
Mar 2022
Signed into Law
Apr 2022
Introduced Jan 11, 2022
Signed Apr 8, 2022
Floor votes · Senate Mar 2, 2022 · House of Delegates Feb 11, 2022
How they voted
33–0
Passed
Total votes 33
Mar 2, 2022
D
Democratic17
100% Yea
R
Republican16
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
38
Key actions
12
Committee
12
Apr 8, 2022
Signed into law
Approved by Governor-Chapter 274 (effective 7/1/22)
executive
Mar 11, 2022
Lower · Passed
Conference report agreed to by House (96-Y 0-N)
lower
Mar 11, 2022
Upper · Passed
Conference report agreed to by Senate (40-Y 0-N)
upper
Mar 11, 2022
Legislature · Passed
Amended by conference committee
legislature
Mar 2, 2022
Upper · Passed
Senate requested conference committee
upper
Mar 2, 2022
Upper · Passed
Passed Senate with substitute (40-Y 0-N)
upper
Mar 2, 2022
Upper · Passed
Engrossed by Senate - committee substitute HB348S1
upper
Mar 2, 2022
Upper · Passed
Committee substitute agreed to 22107280D-S1
upper
Mar 1, 2022
Upper · Passed
Reported from Finance and Appropriations with substitute (16-Y 0-N)
upper
Feb 14, 2022
Committee
Referred to Committee on Finance and Appropriations
upper
Feb 11, 2022
Lower · Passed
Read third time and passed House BLOCK VOTE (99-Y 0-N)
lower
Feb 7, 2022
Lower · Passed
Reported from Finance (21-Y 0-N)
lower
Feb 7, 2022
Lower · Passed
Subcommittee recommends reporting (9-Y 0-N)
lower
Jan 19, 2022
Committee
Assigned Finance sub: Subcommittee #1
lower
Jan 11, 2022
Committee
Referred to Committee on Finance
lower
Jan 11, 2022
Introduced
Prefiled and ordered printed; offered 01/12/22 22101118D
lower
1 primary · 1 co-sponsor
Sponsors
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