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1998 SESSION
HB 553 Telephone and telegraph companies; taxation of revenues.
Introduced by: Jay W. DeBoer | all patrons ... notes | add to my profiles
SUMMARY:
License and franchise taxes; telephone and telegraph companies. Revises the definition of gross receipts for purposes of the minimum tax and the special tax by deleting the deduction for the first $500,000 of billing and collecting revenue. Revenues received from a telephone company from (i) unbundled network facilities; (ii) completion, origination or interconnection of telephone calls with taxpayer's network; (iii) transport of phone calls over taxpayer's network; and (iv) taxpayer's phone services for resale will be included in the company's taxable gross receipts. The bill clarifies that the SCC will eventually assess voice services such as cellular and broadband. These provisions become effective for tax years beginning on or after January 1, 1999.
FULL TEXT
- 01/20/98 House: Presented & ordered printed 980767845 pdf
- 02/12/98 House: Committee substitute printed 989659845-H1 pdf
- 03/04/98 House: Bill text as passed House and Senate (HB553ER) pdf
- 05/26/98 Governor: Acts of Assembly Chapter text (CHAP0897) pdf
AMENDMENTS
HISTORY
- 01/20/98 House: Presented & ordered printed 980767845
- 01/20/98 House: Referred to Committee on Corporations, Insurance and Banking
- 01/22/98 House: Assigned to C. I. B. sub-committee: 4
- 01/22/98 House: Reported from Corp., Ins. & Banking (25-Y 0-N)
- 01/22/98 House: Referred to Committee on Finance
- 02/12/98 House: Committee substitute printed 989659845-H1
- 02/12/98 House: Reported from Finance with sub. (22-Y 0-N)
- 02/12/98 House: Read first time
- 02/13/98 House: Passed by for the day
- 02/14/98 House: Read second time
- 02/14/98 House: Committee substitute agreed to 989659845-H1
- 02/14/98 House: Engrossed by House - com. sub. 989659845-H1
- 02/15/98 House: Read third time and passed House (Block Vote) (99-Y 0-N)
- 02/15/98 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/15/98 House: Communicated to Senate
- 02/16/98 Senate: Constitutional reading dispensed
- 02/16/98 Senate: Referred to Committee on Finance
- 02/25/98 Senate: Reported from Finance (17-Y 0-N)
- 02/26/98 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 02/26/98 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/27/98 Senate: Read third time
- 02/27/98 Senate: Passed Senate (39-Y 0-N)
- 02/27/98 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/04/98 House: Bill text as passed House and Senate (HB553ER)
- 03/11/98 House: Enrolled
- 03/11/98 House: Signed by Speaker
- 03/12/98 Senate: Signed by President
- 04/16/98 House: Governor's recommendation received by House
- 04/22/98 House: Placed on Calendar
- 04/22/98 House: House rejected Gov's recommendation (38-Y 60-N)
- 04/22/98 House: VOTE: ADOPTION (38-Y 60-N)
- 04/22/98 House: Communicated to Governor
- 05/20/98 Governor: Approved by Governor-Chapter 897 (effective 1/1/99)
- 05/26/98 Governor: Acts of Assembly Chapter text (CHAP0897)