HB 1497 (1998): establishing a committee to study adoption of a single sales factor method of apportionment for business taxation purposes.
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@misc{bill-1998-hb1497, title = {HB 1497 (1998): establishing a committee to study adoption of a single sales factor method of apportionment for business taxation purposes.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1998/hb1497}, note = {Accessed 24 Oct. 2026} }
HB 1497 (1998)
establishing a committee to study adoption of a single sales factor method of apportionment for business taxation purposes.
- Status: Signed into law
- Term: 1997-1998
- House committee: Finance
- Senate committee: Banks
- Subject: Study Committees and Commissions
- Chapter law: 49
The Story
It was introduced on January 7, 1998 and referred to the House Finance committee. The committee held a public hearing on February 9, 1998. The majority of the committee recommended that the House pass it unanimously, 18–0, and the report was placed on the consent calendar. On February 18, 1998 the House voted to pass it. It crossed to the Senate on February 19, 1998 and was referred to the Senate Banks committee. The committee held a public hearing on March 31, 1998. The committee voted unanimously, 5–0, to recommend that the Senate pass it. On April 9, 1998 the Senate voted to pass it on a voice vote. An enrolled bill amendment (1400) was adopted on April 9, 1998. These correct technical errors found after passage. The bill was enrolled on April 23, 1998 — the final check of the text before it goes to the governor — and an enrolled bill amendment (1400) was adopted on a voice vote to correct technical errors found after passage. The governor signed it on May 5, 1998, making it Chapter 49 of the session laws. It took effect on July 4, 1998.
Sponsors
- Rep. Mercer (Hills 27) (prime sponsor)
- Rep. Mittelman (Hills 37)
- Sen. F. King (SD1)
Hearings and Sessions
- February 9, 1998, 1:00 PM: hearing, House Finance, RMS210-211,LOB
- March 31, 1998, 3:00 PM: hearing, Senate Banks, RM102,LOB
Votes
- April 9, 1998, Senate: Ought to Pass — voice vote, passed
The Docket
- January 7, 1998: INTRODUCED AND REF TO FINANCE; HJ3,P110
- February 9, 1998: HEARING FEB09 1:00 RMS210-211,LOB FOR: FINANCE
- February 10, 1998: MAJ REPORT OTP FOR FEB18 (VOTE 18-0;CC)
- February 18, 1998: PASSED; HJ18,P939 + 1009
- February 19, 1998: INTRODUCED AND REF TO BANKS; SJ4,P104
- March 31, 1998: HEARING MAR31 3:00 RM102,LOB FOR: BANKS
- April 6, 1998: COMM REPORT OTP APR09 (VOTE 5-0)
- April 9, 1998: PASSED VV; SJ10,P254 + 272
- April 9, 1998: ENROLLED AM<1400>, AM ADOPTED; HJ38,P1553
- April 16, 1998: ENROLLED AM<1400>(NEW TITLE), AM ADOPTED VV; SJ11,P292-293
- April 23, 1998: ENROLLED; HJ38,P1587
- April 23, 1998: ENROLLED; SJ12,P296
- May 5, 1998: SIGNED BY GOVERNOR 05/05/98 EFF: 07/04/98 CHAP.0049