BILL · 2019–20 SESSION

HB 1368: Cooperative finance org. B&O

Reauthorizing the business and occupation tax deduction for cooperative finance organizations.

Summary

  • Reauthorizes the business and occupation tax deduction for loan repayments received by cooperative finance organizations from rural electric cooperatives or other utility nonprofit or governmental utility providers.

From the House Bill Report (HB 1368), written by the Legislature's nonpartisan staff. Read the full report ↗

Vetoed Vetoed by the Governor
  1. IntroducedJan 21, 2019
  2. Out of committeeFeb 28, 2019
  3. Passed HouseApr 26, 2019
  4. Passed SenateMar 9, 2020
  5. VetoedApr 3, 2020
  6. Law
Prime sponsor
Larry Springer (D-45)
Introduced
January 21, 2019 in the House
Last action
April 3, 2020
Budget
Has a fiscal note

AN ACT Relating to reauthorizing the business and occupation tax deduction for cooperative finance organizations;

Sponsors

Votes

House · Final Passage

Passed April 26, 2019
Version voted on: HB 1368
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican40001
How each member voted

Yea (97)

Excused (1)

House · 3rd Reading & Final Passage

Passed January 30, 2020
Version voted on: HB 1368
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican39002
How each member voted

Yea (96)

Excused (2)

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 9, 2020
Version voted on: HB 1368
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican19001
How each member voted

House · Final Passage as Amended by the Senate

Passed March 11, 2020
Version voted on: HB 1368
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat56001
Republican41000
How each member voted

Yea (97)

Excused (1)

History

  1. Governor vetoed.
  2. Speaker signed.
  3. President signed.
  4. Delivered to Governor.
  5. Passed final passage; yeas, 97; nays, 0; absent, 0; excused, 1.
  6. House concurred in Senate amendments.
  7. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Committee amendment(s) adopted with no other amendments.
  10. Placed on second reading by Rules Committee.
  11. Passed to Rules Committee for second reading.
  12. Minority; without recommendation.
  13. WM - Majority; do pass with amendment(s).
  14. Referred to Ways & Means.
  15. Minority; without recommendation.
  16. And refer to Ways & Means.
  17. ENET - Majority; do pass.
  18. First reading, referred to Environment, Energy & Technology.
  19. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2.
  20. Placed on third reading by Rules Committee.
  21. By resolution, reintroduced and retained in present status.
  22. By resolution, returned to House Rules Committee for third reading.
  23. First reading, referred to Ways & Means.
  24. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  25. Rules suspended. Placed on Third Reading.
  26. Rules Committee relieved of further consideration. Placed on second reading.
  27. Referred to Rules 2 Consideration.
  28. Rules Committee relieved of further consideration. Placed on second reading.
  29. Referred to Rules 2 Review.
  30. FIN - Executive action taken by committee.
  31. FIN - Majority; do pass.
  32. First reading, referred to Finance.

HB 1368 in other sessions

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

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