August 11, 2023 - Introduced by Senator Marklein, cosponsored by Representative Katsma. Referred to Committee on Universities and Revenue.
SB389,,22An Act to renumber and amend 71.98 (5); to amend 71.01 (6) (m) 1., 71.22 (4) (m) 1., 71.22 (4m) (m) 1., 71.34 (1g) (m) 1. and 71.42 (2) (m) 1.; and to create 71.01 (6) (n), 71.01 (6) (o), 71.22 (4) (n), 71.22 (4) (o), 71.22 (4m) (n), 71.22 (4m) (o), 71.34 (1g) (n), 71.34 (1g) (o), 71.42 (2) (n), 71.42 (2) (o) and 71.98 (5) (b) of the statutes; relating to: adopting changes to the federal Internal Revenue Code for state tax purposes. SB389,,33Analysis by the Legislative Reference Bureau This bill adopts, for state income and franchise tax purposes, certain changes made to the Internal Revenue Code by the following federal acts:
1. The American Rescue Plan Act of 2021.
2. The Infrastructure Investment and Jobs Act.
3. The Consolidated Appropriations Act of 2022.