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Key Votes

HB 1199 - Temporary Limit on Income Tax Reduction for Net Operating Loss - Key Vote

Colorado Key Votes

Nancy Spence voted Nay (Passage With Amendment) on this Legislation.

Read statements Nancy Spence made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Temporary Limit on Income Tax Reduction for Net Operating Loss

Legislation - Concurrence Vote Passed (House) (37-28) - (Key vote)

Title: Temporary Limit on Income Tax Reduction for Net Operating Loss

Vote Smart's Synopsis:

Vote to repass a bill, after having concurred with Senate amendments thereto, that establishes a temporary $250,000 limit on the amount of net operating loss that may be deducted from taxable income, beginning January 1, 2011 and ending January 1, 2014.

Note:

NOTE: THE LEGISLATURE PROVIDES ITS MEMBERS WITH THE OPPORTUNITY TO BOTH VOTE ON WHETHER TO CONCUR WITH THE OPPOSING CHAMBER'S AMENDMENTS AND, IF THE CONCURRENCE VOTE SUCCEEDS, VOTE TO REPASS THE BILL AFTER THE AMENDMENTS ARE INCORPORATED. THIS IS A VOTE ON REPASSAGE OF THE BILL AFTER THE MEMBERS CONCURRED WITH THE OPPOSING CHAMBER'S AMENDMENTS.

Legislation - Bill Passed With Amendment (Senate) (19-16) - (Key vote)

Title: Temporary Limit on Income Tax Reduction for Net Operating Loss

Vote Smart's Synopsis:

Vote to pass a bill that establishes a temporary $250,000 limit on the amount of net operating loss that may be deducted from taxable income, beginning January 1, 2011 and ending January 1, 2014.

Legislation - Introduced (House) -

Title: Temporary Limit on Income Tax Reduction for Net Operating Loss

Legislation - Bill Passed (House) (37-28) - (Key vote)

Title: Temporary Limit on Income Tax Reduction for Net Operating Loss

Vote Smart's Synopsis:

Vote to pass a bill that establishes a temporary $250,000 limit on the amount of net operating loss that may be deducted from taxable income, beginning January 1, 2011 and ending January 1, 2014.

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