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| HB 241 - Income tax; resident limited partnership; nonresident member (2) |
First Reader Summary
A BILL to amend Chapter 7 of Title 48 of the Official Code of
Georgia Annotated, relating to income taxes, so as to provide
that the distributive share of a nonresident member of a resident
limited partnership which derives income exclusively from buying,
selling, dealing in, and holding securities on its own behalf and
not as a broker shall not constitute taxable income; and for
other purposes.
Recorded Votes
| House
| Action
| Senate
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| 1/27/97
| Read 1st Time
| 2/14/97
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| 1/28/97
| Read 2nd Time
| 2/21/97
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| 2/7/97
| Favorably Reported
| 2/20/97
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| Sub
| Committee Amend/Sub
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| 2/13/97
| Read 3rd Time
| 3/7/97
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| 2/13/97
| Passed/Adopted
| 3/7/97
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| CS
| Comm/Floor Amend/Sub
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| 3/31/97
| Sent to Governor
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| 4/4/97
| Signed by Governor
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| 48
| Act/Veto Number
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| 4/4/97
| Effective Date
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Code Sections
Code Sections amended: 48-7-23, 48-7-24, 48-7-129
Clerk of the House
Robert E. Rivers, Jr., Clerk
Last Updated on 04/20/98