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Clerk reads two Senate files to the House: transportation funding bill and corporate tax deduction bill
Summary
At the opening of the House session, the clerk read Senate File 2478 (transportation and infrastructure appropriations) and Senate File 2492 (a corporate income tax deduction for certain foreign-derived income). Both bills were given first reading and referred to committees.
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The House opened its session with the clerk reading two Senate files placed on first reading: Senate File 2478, a transportation and infrastructure appropriations measure that includes allocations and authorized uses of monies from the road use tax fund and the primary road fund, and Senate File 2492, a bill described as creating a state corporate income tax deduction for certain net controlled foreign corporation tested income and including retroactive revisions.
The clerk read the measures into the record and the presiding officer announced both bills were on first reading and ready for committee referral. Senate File 2478 was referred to the Committee on Appropriations; Senate File 2492 was referred to the Committee on Ways and Means. No debate on the merits of either bill was recorded during the session.
The first-reading placement sends the measures to committee for consideration, amendment and potential scheduling for future floor action. The House did not record a roll-call vote on either bill during the reading; referral to the named committees is the next procedural step recorded in the session.
