BILL · 2005–06 SESSION

HB 2364: Credit union & state charter

Creating a use tax exemption when converting or merging a federal, foreign, or out-of-state credit union into a state charter.

Summary

  • Personal property, services, and extended warranties that are acquired by a state credit union from a federal, out-of-state, or foreign credit union as a result of a conversion or merger are exempt from use tax.

From the House Bill Report (HB 2364), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 11, Laws of 2006
  1. IntroducedJan 9, 2006
  2. Out of committeeFeb 3, 2006
  3. Passed HouseFeb 11, 2006
  4. Passed SenateFeb 24, 2006
  5. GovernorMar 7, 2006
  6. LawMar 7, 2006
Prime sponsor
Sharon Tomiko Santos (D-37)
Introduced
January 9, 2006 in the House
Last action
March 7, 2006
Session law
Chapter 11, Laws of 2006
Companion bill
SB 6132
Budget
Has a fiscal note

AN ACT Relating to use tax owed by converting or merging credit unions when converting or merging a federal, foreign, or out-of-state credit union into a state charter;

Sponsors

Votes

House · Final Passage

Passed February 11, 2006
Version voted on: HB 2364
87 Yea 8 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat52103
Republican35700
How each member voted

Yea (87)

Excused (3)

Senate · 3rd Reading & Final Passage

Passed February 24, 2006
Version voted on: HB 2364
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat26000
Republican21002
How each member voted

History

  1. Governor signed.
  2. Effective date 6/7/2006*.
  3. Chapter 11, 2006 Laws.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Placed on second reading by Rules Committee.
  8. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2.
  9. Rules suspended. Placed on Third Reading.
  10. WM - Majority; do pass.
  11. Passed to Rules Committee for second reading.
  12. First reading, referred to Ways & Means.
  13. Third reading, passed; yeas, 87; nays, 8; absent, 0; excused, 3.
  14. Rules suspended. Placed on Third Reading.
  15. Placed on second reading by Rules Committee.
  16. Passed to Rules Committee for second reading.
  17. FIN - Executive action taken by committee.
  18. FIN - Majority; do pass.
  19. Referred to Finance.
  20. Minority; do not pass.
  21. FII - Majority; do pass.
  22. FII - Executive action taken by committee.
  23. First reading, referred to Financial Institutions & Insurance.
  24. Prefiled for introduction.

HB 2364 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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