Available Bills / Regulations (174 bills / regs.)

Bill/Reg. # Categories Summary Status Alabama Employer Practices: Veterans, unemployed, tax credit created for hiring of, regardless of whether 03/12/2018 - Signed by Governor; Enacted HB 83 Veteran Employment veteran was recently deployed, Sec. 40-18-320.1 added; Secs. 40-18-320, 40- History 2018 Tax - Financial Issues: 18-321, 40-18-322, 40-18-324 am'd. Rep. Connie Rowe Financial InstitutionsTaxation (R-AL)

Alabama Tax - Financial Issues: Income tax, credit for income taxes paid to another state, use only to offset tax 03/28/2018 - Signed by Governor; Enacted HB 384 Corporate Taxes liability derived from non-Alabama sources, Sec. 40-18-21 am'd. History 2018 Rep. Roderick Scott (D-AL)

Alabama Electronic Commerce: Sales and use tax, Simplified Seller Use Tax Remittance Program, out-of-state 04/06/2018 - Signed by Governor; Enacted HB 470 Money Transmission vendors, physical presence through acquisition of in-state company authorized, History 2018 Tax - Financial Issues: sales of tangible personal property subject to sales tax, marketplace facilitators, Rep. Roderick Scott Internet Tax collection, Secs. 40-23-190, 40-23-191 am'd. (D-AL) Virtual Currency

Alabama Tax - Financial Issues: Income tax, individuals, standard deduction increased based on certain 03/15/2018 - Signed by Governor; Enacted SB 76 Corporate Taxes adjusted gross income for, Sec. 40-18-15 am'd. History 2018 Sen. Del Marsh (R- AL)

Alabama Tax - Financial Issues: Revenue Department, notification requirements by local governments regarding 03/01/2018 - Signed by Governor; Enacted SB 111 Corporate Taxes tax levies, revised, certain collection services authorized at no cost, Sec. 11-51- History 2018 210.1 added; Secs. 11-3-11.3, 11-51-183, 11-51-208, 11-51-210, 40-12-4, 40- Sen. Paul Sanford 12-7 am'd. (R-AL)

Alabama Tax - Financial Issues: Taxation, sale of land for unpaid tax, redeem property by paying interest only 04/04/2018 - Signed by Governor; Enacted SB 257 Deeds/Mortgage Tax on tax, Secs. 40-10-75, 40-10-76, 40-10-77, 40-10-83, 40-10-121, 40-10-122 History 2018 am'd. Sen. Henry Sanders (DEM-AL)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 1 of 28 Bill/Reg. # Categories Summary Status Arizona Tax - Financial Issues: department of revenue; administrative efficiency 05/16/2018 - Governor Action Signed; Governor Action SB 1293 Corporate Taxes Signed 2018 Vehicle Finance: History FARNSWORTH D Licensing, Transportation Network Companies, Vehicle Sales Tax

Arizona Tax - Financial Issues: tax corrections act of 2018 03/29/2018 - Governor Action Signed SB 1294 Corporate Taxes History 2018 FARNSWORTH D

Arizona Tax - Financial Issues: tax appeals; administrative hearings; confidentiality 04/12/2018 - Governor Action Signed SB 1385 Corporate Taxes History 2018 FARNSWORTH D

Arizona Tax - Financial Issues: corporate income tax allocation; sales 03/29/2018 - Governor Action Signed SB 1405 Corporate Taxes History 2018 Sen. Karen Fann (REP-AZ)

California Tax - Financial Issues: Education finance: education omnibus trailer bill. 06/27/2018 - Approved by the Governor.; Chaptered by AB 1808 Corporate Taxes Secretary of State - Chapter 32, Statutes of 2018. 2017 - 2018 History Committee on Budget (A) - (Assembly Members Ting (Chair)

California Tax - Financial Issues: Capital investment incentive programs: repeal date. 09/14/2018 - Approved by the Governor; Chaptered by AB 1900 Corporate Taxes Secretary of State - Chapter 382, Statutes of 2018. 2017 - 2018 History Asm. William Brough (R-CA)

California Tax - Financial Issues: Corporations: limited liability companies: dissolution: cancellation: abatement of 09/22/2018 - Approved by the Governor; Chaptered by AB 2503 Corporate Taxes taxes. Secretary of State - Chapter 679, Statutes of 2018. 2017 - 2018 History Asm. Jacqui Irwin (D- CA)

California Tax - Financial Issues: Tax An act to amend Section 22259 of the Business and Professions Code, relating 09/20/2018 - Approved by the Governor.; Chaptered by AB 3143 Preparer to tax preparers. Secretary of State - Chapter 597, Statutes of 2018. 2017 - 2018 History Asm. Evan Low (D- CA)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 2 of 28 Bill/Reg. # Categories Summary Status California Tax - Financial Issues: Administration of taxes: notice of deficiency assessment. 09/23/2018 - Approved by the Governor.; Chaptered by SB 274 Corporate Taxes Secretary of State. Chapter 729, Statutes of 2018. 2017 - 2018 History Sen. Steven Glazer (D-CA)

California Tax - Financial Issues: An act to amend multiple sections of, to amend, renumber, and add Section 05/31/2018 - Approved by the Governor; Chaptered by SB 606 Corporate Taxes 10612 of, to add multiple sections to, to repeal Section 10631.7 of, and to Secretary of State. Chapter 14, Statutes of 2018. 2017 - 2018 repeal and add Section 10632 of, the Water Code, relating to water. History Sen. Robert Hertzberg (D-CA)

California Tax - Financial Issues: Previously related to: State Board of Equalization: reports: extension to file. As 09/22/2018 - Approved by the Governor; Chaptered by SB 668 Corporate Taxes amended: Commercial feed: violations: administrative penalty. Secretary of State. Chapter 683, Statutes of 2018. 2017 - 2018 History Sen. Mike McGuire (D-CA)

California Employer Practices: An act relating to the Budget Act of 2018. to amend Sections 17052, 17053.73, 06/27/2018 - Approved by the Governor.; Chaptered by SB 855 General, Veteran 17059.2, 18410.2, 19551, 19551.1, 19551.5, 23626, and 23689 of, and to add Secretary of State. Chapter 52, Statutes of 2018. 2017 - 2018 Employment Section 17131.7 to, the Revenue and Taxation Code, relating to taxation, and History Committee on Tax - Financial Issues: making an appropriation therefor, to take effect immediately, bill related to the Budget and Fiscal Corporate Taxes budget. Review (S) - ()

California Mortgage Lending: An act to amend Sections 12463.1, 25502.5, 27230, 27263, 27293, 27294, 09/17/2018 - Approved by the Governor.; Chaptered by SB 1498 General 27320, 27321, 27322.3, 27323, 27327, 27329, 27397, 34090, 34093, 34852, Secretary of State. Chapter 467, Statutes of 2018. 2017 - 2018 Tax - Financial Issues: 34855, 34857, 36522, 36802, 37107, 37547, 37607, 37683, 38400, 38406, History Committee on Deeds/Mortgage Tax 38741, 38780, 38782, 39501, 39560, 39564, 39573, 39574, 39901, 40537, Governance and 40538, 40539, 40603, 40604, 40804, 40806, 40812, 40813, 40814, 41204, Finance (S) - 41205, 41602, 41603, 41605, 41608, 41609, 41610, 41611, 41803.7, 43625, (Senators McGuire 43626, 53343.2, 53398.60, 53398.61, 53398.75, and 54930 of the Government (Chair) Code, to amend Section 469 of the Revenue and Taxation Code, and to repeal Section 36626 of the Streets and Highways Code, relating to local government. Colorado Tax - Financial Issues: Concerning changes to the state income tax apportionment statute based on 06/04/2018 - Governor Signed HB 1185 Corporate Taxes the most recent multistate tax commission's uniform model of the uniform History 2018 division of income for tax purposes act. Tracy Kraft-Tharp

Connecticut Tax - Financial Issues: To make minor and technical changes to the tax and related statutes. 05/29/2018 - Signed by the Governor HB 5433 Corporate Taxes, Insurance History 2018 Premium Tax Finance, Revenue and Bonding Committee

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 3 of 28 Bill/Reg. # Categories Summary Status Connecticut Tax - Financial Issues: AN ACT CONCERNING CONNECTICUT'S RESPONSE TO FEDERAL TAX 05/31/2018 - Signed by the Governor SB 11 Corporate Taxes REFORM. History 2018 Sen. Martin M. Looney, 11th Dist.

Connecticut Tax - Financial Issues: To eliminate the enterprise zone tax credit for qualifying corporations, the 06/13/2018 - Signed by the Governor SB 263 Corporate Taxes service facility tax credit and the manufacturing facility tax credit for facilities History 2018 located in an enterprise zone. Commerce Committee

Connecticut Tax - Financial Issues: To implement the Department of Revenue Services' recommendations 06/14/2018 - Signed by the Governor SB 417 Internet Tax regarding state taxation and collection. History 2018 Finance, Revenue and Bonding Committee

Connecticut Tax - Financial Issues: AN ACT CONCERNING REVISIONS TO THE STATE BUDGET FOR FISCAL 05/15/2018 - Signed by Governor in Original; Public Act SB 543 Vehicle Sales Tax YEAR 2019 AND DEFICIENCY APPROPRIATIONS FOR FISCAL YEAR 2018. 18-81; Transmitted to the Secretary of State on 5/23 2018 Vehicle Finance: Vehicle History Sen. Martin M. Sales Tax Looney, 11th Dist.

Delaware Real Estate: This bill allows first-time home buyers to pay their portion of the realty transfer 08/28/2018 - Signed by Governor HB 380 Transfers/Conveyances tax at the rate that was in effect prior to the increase that took effect on August History 2017 - 2018 Tax - Financial Issues: 1, 2017. The credit is calculated as 0.5% of the first $400,000 in home value, Speaker Peter Deeds/Mortgage Tax with a maximum allowable credit of $2,000. This legislation is retroactive for any Schwartzkopf (DEM- first-time home buyer who entered into a transaction for the transfer of real DE) estate on or after August 1, 2017. The seller in any transaction with a first-time buyer will still pay the current tax rate. The bill also removes a provision that applied to contracts entered into prior to 1971, since such provision is no longer relevant. For ease of application, the new definition of ""first-time home buyer"" is cross-referenced in the already existing Code provision ... Delaware Tax - Financial Issues: Tax The Act also permits a court of competent jurisdiction to enjoin any paid tax 08/28/2018 - Signed by Governor HB 426 Preparer preparer from understating a tax payer's liability or taking an unreasonable History 2017 - 2018 position. The Act also permits a court to enjoin a paid tax preparer from, where Rep. W. Charles required, failing to furnish a copy of a return or claim for refund, failing to sign a Paradee (DEM-DE) return or claim for refund, failing to furnish an identifying number, failing to retain a copy of the return, failing to be diligent or failing to correct information. The Act also permits an injunction if the paid tax preparer negotiates a check without permission, engages in any criminal conduct, guarantees payment of any specific tax refund amount, or engages in any other fraudulent or deceptive conduct.

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 4 of 28 Bill/Reg. # Categories Summary Status District of Tax - Financial Issues: East End Grocery and Retail Incentive Program Tax Abatement Act of 2017 02/14/2018 - Transmitted to Congress, Projected Law Columbia Deeds/Mortgage Tax Date is Apr 18, 2018; Published in DC Register Vol 65 B22 202 and Page 1586 03/29/2018 - Law Number L22-0083 2017 - 2018 Effective from Mar 29, 2018 Council Member History Vincent Gray (DC)

District of Tax - Financial Issues: Business Improvement Districts Tax Exemption Amendment Act of 2017 05/16/2018 - Enacted with Act Number A22-0352; Columbia Corporate Taxes Returned from Mayor; Transmitted to Congress. Law B22 585 Number L22-0133 Effective from Jul 17, 2018 2017 - 2018 History Council Member Jack Evans (D-DC)

District of Banking: General, Fiscal Year 2019 Budget Support Act of 2018 09/17/2018 - Transmitted to Congress, Projected Law Columbia Operations Date is Oct 27, 2018; Law Number L22-0168 Effective B22 753 Debt and Collections: from Oct 30, 2018 2017 - 2018 Collections/Garnishment History Mendelson at the Tax - Financial Issues: request of the Mayor Corporate Taxes

District of Banking: General, Fiscal Year 2019 Budget Support Emergency Act of 2018 08/01/2018 - Returned from Mayor 08/30/2018 - Columbia Operations Enacted with Act Number A22-0434, Expires on Nov 28, B22 901 Debt and Collections: 2018 09/18/2018 - Retained by the Council 2017 - 2018 Collections/Garnishment History Council Member Phil Employer Practices: Mendelson (D-DC) General Mortgage Lending: Foreclosure Proceedings/Admin, Reverse Mortgages Tax - Financial Issues: Corporate Taxes

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 5 of 28 Bill/Reg. # Categories Summary Status District of Banking: General, Fiscal Year 2019 Budget Support Congressional Review Emergency Act of 10/04/2018 - Enacted with Act Number A22-0458, Columbia Operations 2018 Expires on Dec 31, 2018 ; Returned from Mayor B22 922 Campaign Finance History 2017 - 2018 Reform: General Council Member Phil Debt and Collections: Mendelson (D-DC) Collections/Garnishment Employer Practices: General Mortgage Lending: Foreclosure Prevention, Reverse Mortgages Privacy and Fraud: General Real Estate: Condemnation, Liens Tax - Financial Issues: Corporate Taxes

District of Tax - Financial Issues: Internet Sales Tax Emergency Declaration Resolution of 2018 12/18/2018 - PR22-1175 Introduced by Councilmember Columbia Internet Tax Evans and Chairman Mendelson at Office of the PR22 1175 Secretary; Final Reading 2017 - 2018 History Council Member Jack Evans (D-DC)

Florida Tax - Financial Issues: Providing for the appointment of the taxpayers' rights advocate within the 03/23/2018 - Approved by Governor; Chapter No. HB 7087 Corporate Taxes, Department of Revenue by the Chief Inspector General rather than by the 2018-118; companion bill(s) passed, see CS/CS/CS/HB 2018 Deeds/Mortgage Tax, department's executive director; authorizing counties imposing the tourist 841 (Ch. 2018-96), SB 100 (Ch. 2018-80) Appropriations Internet Tax development tax to use the tax revenues to finance channel, estuary, or lagoon History Committee improvements; providing that an owner of homestead property that was significantly damaged or destroyed as a result of a named tropical storm or Related Bills: hurricane may elect to have such property deemed abandoned, for the purpose SB 2508 SB 1434 SB of receiving a certain assessment reduction, if the owner establishes a new 1386 SB 926 SB 910 homestead property by a specified date; providing sales tax exemptions for the SB 826 SB 672 SB retail sale of certain clothing and school supplies during a specified timeframe 658 SB 620 SB 100 HB 1345 HB 841 HB 819 HB 647 HB 603 HB 585 SB 1608 SB 1600 SB 1592 SB 1246 SB 730 SB 666 SB 312 SB 60 HB 1375 HB 939 HB 803 HB 607 HB 593 HB 531

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 6 of 28 Bill/Reg. # Categories Summary Status Florida Tax - Financial Issues: Adopts IRC in effect on January 1, 2018; provides adjustment of corporate tax 03/23/2018 - Approved by Governor - Chapter No. HB 7093 Corporate Taxes, Financial rate based on net collections exceeding adjusted forecasted collections for 2018-119 2018 InstitutionsTaxation specified fiscal years; provides for treatment of net collections amounts that History Ways & Means exceed adjusted forecasted net collections for specified fiscal years; revises tax Committee rate; revises calculation of certain taxable income based on changes to federal law; revises adjustment of franchise tax rate imposed on banking & savings Related Bills: associations; provides retroactive application. SB 502 Georgia Tax - Financial Issues: A BILL to be entitled an Act to amend Chapter 7 of Title 48 of the Official Code 05/03/2018 - House Date Signed by Governor; Act 381 HB 849 Corporate Taxes of Georgia Annotated, relating to income tax, so as to provide for reporting of History 2017 - 2018 federal partnership adjustments; to provide for Georgia partnership and pass- Rep. Allen Peake (R- through entity adjustments and assessments and related appeals; to revise the GA) provisions relating to the reporting of other federal adjustments; to provide an effective date; to repeal conflicting laws; and for other purposes. Georgia Tax - Financial Issues: A BILL to be entitled an Act to amend Title 48 of the Official Code of Georgia 03/02/2018 - House Sent to Governor; House Date HB 918 Corporate Taxes Annotated, relating to revenue and taxation, so as to define the terms ""Internal Signed by Governor; Act 284 2017 - 2018 Vehicle Finance: Titling & Revenue Code"" and ""Internal Revenue Code of 1986"" and thereby History Rep. Chuck Liens incorporate certain provisions of the federal law into Georgia law; to revise the Efstration (R-GA) individual exemption amounts; to revise provisions relating to assignment of corporate income tax credits; to provide for related matters; to provide for an effective date and applicability; to provide for automatic repeal; to repeal conflicting laws; and for other purposes. Georgia Tax - Financial Issues: A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the 03/26/2018 - Senate Sent to Governor; Senate Date SB 328 Corporate Taxes Official Code of Georgia Annotated, relating to imposition, rate, computation, Signed by Governor; Act 292 2017 - 2018 and exemptions from state income tax, so as to provide for the expiration of History Sen. John Albers (R- certain income tax credits; to provide for related matters; to provide for an GA) effective date; to repeal conflicting laws; and for other purposes.

Hawaii Tax - Financial Issues: Conforms Hawaii income and estate and generation-skipping transfer tax laws 06/13/2018 - Act 027, on 06/07/2018 (Gov. Msg. No. SB 2821 Corporate Taxes, Financial to the Internal Revenue Code of 1986, as amended as of 12/31/2017, except 1127).; Act 027, 06/07/2018 (Gov. Msg. No. 1127). 2017 - 2018 InstitutionsTaxation as provided. (CD1) History Sen. Ronald Kouchi (D-HI)

Related Bills: HB 2394

Idaho Tax - Financial Issues: TAXES - Repeals, adds to and amends existing law to provide for applicability of 03/12/2018 - Reported Signed by Governor; Session HB 463 Corporate Taxes the Internal Revenue Code to different tax years; to revise the calculation of a Law Chapter 46; Effective: Retroactive to 01/01/2018 2018 net operating loss; to revise the calculation of net taxable income for History REVENUE AND corporations; to reduce the individual and corporate income tax rate; and to TAXATION provide for a child tax credit. COMMITTEE

Idaho Tax - Financial Issues: SALES AND USE TAX - Amends existing law to revise the definition of ""retailer 03/22/2018 - Reported Signed by Governor on March HB 578 Internet Tax engaged in business in this state."" 21, 2018 Session Law Chapter 220 Effective: 2018 07/01/2018 REVENUE AND History TAXATION COMMITTEE

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 7 of 28 Bill/Reg. # Categories Summary Status Illinois SCRA & MilitaryRelief: Amends the Illinois Income Tax Act. Makes a technical change in a Section 12/14/2018 - Governor Approved; Effective Date HB 156 General concerning a tax credit for property taxes. December 14, 2018; Public Act ...... 100-1149 2017 - 2018 Tax - Financial Issues: History Rep. Steven Reick Real Estate Sales Tax (R-IL)

Illinois Banking: General Creates the FY2019 Budget Implementation Act. Provides that the purpose of 06/04/2018 - Governor Approved; Public Act ...... HB 3342 Tax - Financial Issues: the Act is to make the changes in State programs that are necessary to . 100-0587 2017 - 2018 Internet Tax implement FY2019 budget recommendations. Effective immediately. History Rep. Gregory Harris Vehicle Finance: Repossession

Illinois Tax - Financial Issues: Supports the implementation of a progressive income tax in Illinois. 05/29/2018 - Resolution Adopted 061-052-000 HR 1025 Corporate Taxes History 2017 - 2018 Speaker Michael Madigan (DEM-IL)

Indiana Tax - Financial Issues: Motorized equipment vehicle rental excise tax. Excludes certain motorized 03/21/2018 - Signed by the Governor; Public Law 188 HB 1323 Vehicle Sales Tax equipment vehicles from the assessment of the personal property tax. Imposes History 2018 Vehicle Finance: Vehicle an excise tax on the rental of motorized equipment vehicles (excise tax). Rep. Todd Huston Sales Tax Provides procedures for the sourcing, collection, and distribution of the excise (R-IN) tax. Provides that the excise tax is apportioned and distributed to local governmental units in the same manner that property taxes are apportioned and distributed. Indiana Tax - Financial Issues: Taxes and higher education bonding. (This proposed legislation does the 05/14/2018 - Returned to the House without HB 1316x Corporate Taxes following: (1) Sets forth the text of CC131604 adopted by the senate on March amendments; Signed by the Speaker; Signed by the 2018 14, 2018. (2) Reconciles the text of CC131604 with the text of the 2018 President of the Senate; Signed by the President Pro Rep. Timothy Brown technical corrections bill (P.L.86-2018) in SECTIONS 2, 5, and 6. (3) Revises Tempore; Signed by the Governor; Public Law 214 (R-IN) the provisions concerning income under Section 965 of the Internal Revenue History Code, based on recent guidance from the Internal Revenue Service. (4) Adds the provisions concerning the waiver of interest and penalties if the general assembly enacts a change in a listed tax for a tax period that increases a taxpayer's tax liability after the due date for that listed tax and tax period.)... Indiana Ancillary Products: Resolves technical conflicts and addresses technical problems in the Indiana 03/15/2018 - Signed by the Governor SB 6 General Code, including removal of obsolete citation style references to ""IC 1971"" and History 2018 Banking: General updating the list of statutes codified outside Title 34 that confer immunity from Sen. Joseph Zakas civil liability. Provides that the technical corrections bill may be referred to as Debt and Collections: (R-IN) the ""technical corrections bill of the 2018 general assembly"". Specifies that General this phrase may be used in the lead-in line of each SECTION of another bill to Employer Practices: identify the provisions added, amended, or repealed by the technical General corrections bill that are also amended or repealed in another bill being Tax - Financial Issues: considered during the 2018 legislative session. Vehicle Sales Tax Vehicle Finance: Titling & Liens, Vehicle Sales Tax

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 8 of 28 Bill/Reg. # Categories Summary Status Indiana Tax - Financial Issues: Study topics. Urges the legislative council to assign to an interim study 03/15/2018 - Signed by the Governor; Public Law 103 SB 353 Financial committee the tasks of studying issues related to: (1) the establishment of a History 2018 InstitutionsTaxation, regional development tax credit; (2) inclusion of property assessed as Sen. Dennis Kruse Insurance Premium Tax residential in a property tax allocation area; and (3) certified technology parks. (R-IN)

Iowa Tax - Financial Issues: A bill for an act relating to statutory corrections which may adjust language to 03/21/2018 - Reported correctly enrolled, signed by HF 2457 Corporate Taxes reflect current practices, insert earlier omissions, delete redundancies and Speaker and President. H.J. 652.; Sent to Governor. 2017 - 2018 inaccuracies, delete temporary language, resolve inconsistencies and conflicts, H.J. 652.; Signed by Governor. H.J. 653. Acts Chapter COMMITTEE ON update ongoing provisions, or remove ambiguities, and including retroactive 1026 JUDICIARY applicability provisions. History

Related Bills: SSB 3167 HSB 662 SF 2335 Iowa Tax - Financial Issues: A bill for an act relating to state and local revenue and finance by modifying the 05/30/2018 Signed by Governor. SF 2417 Corporate Taxes, Internet individual and corporate income taxes, the franchise tax, tax credits, the sales History 2017 - 2018 Tax and use taxes and local option sales tax, the hotel and motel excise tax, the COMMITTEE ON Vehicle Finance: Vehicle automobile rental excise tax, the Iowa educational savings ... WAYS AND MEANS Sharing Related Bills: SSB 3195 HSB 671 HF 2489 Kansas Tax - Financial Issues: Sales tax treatment of certain cash rebates on sales or leases of new motor 05/17/2018 - Approved by Governor on Thursday, May HB 2111 Vehicle Sales Tax vehicles. 17, 2018 2017 - 2018 Vehicle Finance: Leasing, History Committee on Vehicle Sales Tax Financial Institutions and Pensions

Kansas Tax - Financial Issues: Extending the sunset date of the STAR bond financing act and other 04/26/2018 - Approved by Governor on Thursday, April HB 2184 Vehicle Sales Tax amendments. 12, 2018 2017 - 2018 Vehicle Finance: Vehicle History Committee on Sales Tax Commerce

Kentucky Tax - Financial Issues: AN ACT relating to revenue measures, making an appropriation, and declaring 04/13/2018 - veto overriden - enacted. Bill passed 57- HB 366 Corporate Taxes an emergency. 40 in House and Senate 20-18; signed by House 2018 Vehicle Finance: Speaker Senate President (Acts, ch. 171) enacted. Rep. Steven Rudy Warranties History (R-KY)

Kentucky Tax - Financial Issues: Amend KRS 91A.0804 to provide a schedule for distribution of refunds for 04/26/2018 - signed by Governor (Acts, ch. 182) HB 402 Insurance Premium Tax overpaid local government insurance premiums tax to insurance companies; History 2018 amend KRS 91A.0802 to add a definition. Rep. Jeff Greer (DEM-KY)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 9 of 28 Bill/Reg. # Categories Summary Status Kentucky Banking: General AN ACT relating to tax credits and declaring an emergency.Amend KRS 04/27/2018 - Became law without Governor's Signature HB 487 Tax - Financial Issues: 337.055 to insert gender-neutral language. (Acts, ch. 207) 2018 Financial InstitutionsTaxation History Rep Phillip Pratt (R- Vehicle Finance: Vehicle KY) Protection Products, Warranties

Kentucky Tax - Financial Issues: Chapter 141to define how skills training credits may be applied to income tax 04/26/2018 - signed by Governor; (Acts, ch. 199) HB 557 Corporate Taxes obligations; amend KRS 144.0205 to conform; amend KRS 148.546 and History 2018 148.8591 to allow online reporting from Tourism, Arts and Heritage to the LRC Rep. Jason Petrie in lieu of a physical report; amend KRS 154.10-050 to remove requirement that (R-KY) cabinet secretary create and submit an annual strategic plan for economic development; create a new section of KRS 154.12-2084 to 154.12-2089 to sunset current investment credits; amend KRS 154.12-100 to change reporting requirements and include posting of annual report required by KRS 154.12- 2035; amend KRS 154.12-204 to include new definitions relating to the skills training investment credit; amend KRS 154.12-205 to substitute the phrase ""qualified company"" for ""business and industry""; amend ... Louisiana Tax - Financial Issues: TAX/CORP FRANCHISE: Changes the due date for filing corporate franchise 05/10/2018 - Signed by the Governor; Becomes Act No. HB 341 Corporate Taxes tax returns (EG NO IMPACT GF RV See Note) 86; Effective date: 05/10/2018. 2018 History Rep. Neil Abramson (D-LA)

Louisiana Tax - Financial Issues: TAX/CORP INCOME: Reduces the amount of certain corporate income tax 06/12/2018 - Signed by the Governor. Becomes Act No. HB 13xx Corporate Taxes deductions and provides for continued effectiveness of reductions to certain 4.; Effective date: 6/12/2018. 2018 corporate income tax deductions and exclusions (Item #16) (EN NO IMPACT GF History Rep. Katrina Jackson RV See Note) (D-LA)

Louisiana Tax - Financial Issues: TAX/SALES & USE: Provides criteria for the definition of ""dealer"" for purposes 06/12/2018 - Signed by the Governor. Becomes Act No. HB 17xx Internet Tax of the sales tax imposed on transactions involving a remote seller (Item #26) 5.; Effective date: 6/12/2018. 2018 (EN SEE FISC NOTE GF RV See Note) History Rep. Franklin Foil (R-LA)

Louisiana Tax - Financial Issues: Urges and requests the secretary of the Dept. of Revenue to report certain 06/27/2018 - Taken by the Clerk of the House and HR 7xxx Internet Tax aggregated data concerning sales and use tax collections on transactions presented to the Secretary of State in accordance with 2018 involving remote dealers to the legislature the Rules of the House. Rep. Phillip DeVillier History (REP-LA)

Louisiana Tax - Financial Issues: Tax Requires paid tax preparers to sign and provide an identification number on tax 05/23/2018 - Signed by the Governor. Becomes Act No. SB 237 Preparer returns, reports, and claims filed with the Department of Revenue. (7/1/18) (EN 525.; Effective date 7/1/2018. 2018 INCREASE SG EX See Note) History Sen. Jean-Paul Morrell (DEM-LA)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 10 of 28 Bill/Reg. # Categories Summary Status Louisiana Tax - Financial Issues: Tax Authorizes the Department of Revenue to seek to enjoin preparers who engage 05/23/2018 - Signed by the Governor. Becomes Act No. SB 238 Preparer in certain conduct. (7/1/18) (EG SEE FISC NOTE GF RV See Note) 526.; Effective date 7/1/2018. 2018 History Sen. Jean-Paul Morrell (DEM-LA)

Louisiana Tax - Financial Issues: Provides for the administration, disposition, enforcement, and adjudication of 05/11/2018 - Signed by the Governor. Becomes Act No. SB 420 Vehicle Sales Tax state and local taxes, fees, and receipts and for the Board of Tax Appeals. (gov 143.; Effective date 5/11/2018. 2018 Vehicle Finance: Vehicle sig) (EN NO IMPACT GF EX See Note) History Sen. Ronnie Johns Sales Tax (R-LA)

Louisiana Tax - Financial Issues: TAX/TAXATION: Requests study of tax structure and policy in Louisiana. 06/24/2018 - Introduced in the Senate; read by title. SR 27xxx Corporate Taxes, Internet Rules suspended. Read second time by title and 2018 Tax adopted. Enrolled. Signed by the President of the Sen. Regina Barrow Senate and sent to the Secretary of State by the (D-LA) Secretary of the Senate on 6/25/2018. History

Maine Tax - Financial Issues: An Act To Protect Economic Competitiveness in Maine by Extending the End 07/04/2018 - Became Law without Governor's LD 1654 Corporate Taxes Date for Pine Tree Development Zone Benefits Signature,Chapter 440,Public Law 2017 - 2018 History Sen. Troy Jackson (D-ME)

Maine Tax - Financial Issues: An Act To Update References to the United States Internal Revenue Code of 09/12/2018 - Became Law without Governor's LD 1655 Corporate Taxes 1986 Contained in the Maine Revised Statutes Signature (Emergency Measure),Chapter 474,Public 2017 - 2018 Law Sen. Dana Dow (R- History ME)

Maryland Tax - Financial Issues: Tax Providing that certain individuals who sign individual tax returns as preparers 04/10/2018 - Approved by the Governor - Chapter 49 HB 194 Preparer are not exempt from the requirement to register with the State Board of History 2018 Individual Tax Preparers. Chair, Economic Matters Committee

Maryland Real Estate: Exempting from certain real property recordation, transfer, and excise taxes and 04/24/2018 - Approved by the Governor - Chapter 316 HB 948 Transfers/Conveyances certificate of title fees certain transfers of real property and certain vehicles History 2018 Tax - Financial Issues: from a revocable trust to a beneficiary of the trust as a result of the death of the Del. Matt Morgan Deeds/Mortgage Tax settlor of the revocable trust. (REP-MD)

Maryland Tax - Financial Issues: Authorizing a title service agent that collects and remits vehicle excise taxes on 05/08/2018 - Approved by the Governor - Chapter 512 HB 1065 Vehicle Sales Tax behalf of the Motor Vehicle Administration to keep the lesser of certain amounts History 2018 Vehicle Finance: Vehicle of the gross vehicle excise taxes collected by the title service agent, subject to Del. Herb McMillan Sales Tax record-keeping requirements; increasing to $50,000 the required surety bond (REP-MD) that a title service agent is required to file; clarifying that a title service agent may transport certain documents to or from the Administration physically or Related Bills: electronically; etc. SB 768 FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 11 of 28 Bill/Reg. # Categories Summary Status Maryland Tax - Financial Issues: Altering the formula used to apportion income to the State for certain 04/24/2018 - Approved by the Governor - Chapter 342 HB 1794 Corporate Taxes corporations that carry on a trade or business within and outside the State; History 2018 authorizing certain corporations to elect to use a certain formula to apportion Del. Anne Kaiser certain income; requiring certain corporations to apportion certain income from (DEM-MD) certain intangible investments in a certain manner; and applying the Act to taxable years beginning after December 31, 2017. Maryland Real Estate: Exempting from certain real property recordation, transfer, and excise taxes and 04/24/2018 - Approved by the Governor - Chapter 315 SB 372 Transfers/Conveyances fees transfers of real property and certain vehicles from a revocable trust to a History 2018 Tax - Financial Issues: beneficiary of the trust as a result of the death of the settlor of the revocable Sen. Edward Deeds/Mortgage Tax trust. Kasemeyer (DEM- MD)

Maryland Tax - Financial Issues: Altering the date from September 15 to November 15 by which an individual or 05/15/2018 - Approved by the Governor - Chapter 609 SB 563 Corporate Taxes a corporation is required to submit a certain application for a certain credit History 2018 against the State income tax for certain research and development expenses Sen. Andrew Serafini incurred by the individual or corporation; altering the date from December 15 to (REP-MD) February 15 by which the Department of Commerce shall certify the credits approved for the individual or corporation; altering the method by which the individual or corporation may claim the credit; etc. Maryland Tax - Financial Issues: Altering an exemption from recordation tax to include certain transactions of an 05/15/2018 - Approved by the Governor - Chapter 594 SB 999 Deeds/Mortgage Tax original mortgagor; altering the definition of ""business entity"" to include a History 2018 partnership and business trust to exempt from the recordation tax transfers Sen. Douglas Peters between certain related business entities; and altering an exemption from (DEM-MD) recordation tax for certain transfers of a controlling interest.

Maryland Tax - Financial Issues: Altering the formula used to apportion certain income to the State for certain 04/24/2018 - Approved by the Governor - Chapter 341 SB 1090 Corporate Taxes, Financial corporations that carry on a trade or business within and outside the State; History 2018 InstitutionsTaxation authorizing certain corporations to elect to use a certain formula to apportion Sen. Douglas Peters certain income; requiring certain corporations to apportion certain income from (DEM-MD) certain intangible investments in a certain manner; and applying the Act to all taxable years beginning after December 31, 2017. Massachusetts Banking: Public Deposits Conference Committee Version of FY 2019 Appropriations Bill 07/27/2018 - Governor's veto of certain sections HB 4800 Commercial Lending overridden; Item 2511-0100 (35/1); Governor's veto of 2017 - 2018 certain sections overridden - Item 2800-0501 (35/1); Employer Practices: Conference Governor's veto of certain sections overridden - Item Workers' Compensation Committee 7004-0099 (31/5); Governor's veto of certain sections Insurance Products: Flood overridden - Item 4200-0200 (33/3); Governor's veto of Insurance certain sections overridden - Item 1450-1266 (30/6); Lending: Licensing Governor's veto of certain sections overridden - Item Mortgage Lending: 7061-9401 (32/4); Governor's veto of certain sections Community Development overridden - Item 7008-1116 (35/1); Governor's veto of Institutions certain sections overridden - Item 4000-0328 (30/6); Governor's veto of certain sections overridden - Item Tax - Financial Issues: Tax 4403-2000 (31/5); (...More statuses are available on Preparer, Vehicle Sales Tax the state site) Vehicle Finance: Leasing, History Registration, Vehicle Sales Tax

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 12 of 28 Bill/Reg. # Categories Summary Status Massachusetts Insurance Products: An Act relative to the examination of tax expenditures by the department of 08/09/2018 - Signed by the Governor HB 4820 Financial Institutions revenue. Governor's line item vetoes and suggested amendments. History 2017 - 2018 Insurance Governor Tax - Financial Issues: Financial InstitutionsTaxation

Massachusetts Tax - Financial Issues: The bill makes a very large number of technical corrections, including to the 10/23/2018 - Signed (in part) by the Governor - see HB 4930 Corporate Taxes \'Grand Bargain\' bill and the FY2019 budget act (SL 2018:154). Changes HB4941 2017 - 2018 include those that amend the definitions related to the corporate income tax. History House Ways and Means

Michigan Mortgage Lending: Taxation; state real estate transfer; exemptions of real estate transfer tax for 06/12/2018 - Approved by the governor 6/11/2018 @ HB 4643 Foreclosure certain principal residences that have lost value; expand to include certain 9:15 am; Filed with secretary of state 6/11/2018 @ 2:08 2017 - 2018 Proceedings/Admin, certificate of occupancy dates. Amends sec. 6 of 1993 PA 330 (MCL 207.526). pm; Assigned pa 172'18 with immediate effect Rep. David Maturen Mortgage Loan History (REP-MI) Administration Real Estate: Transfers/Conveyances Tax - Financial Issues: Real Estate Sales Tax

Michigan Tax - Financial Issues: Sales tax; collections; sales tax on the difference; accelerate phase-in. Amends 01/18/2018 - House passed bill by 2/3 vote over SB 94 Vehicle Sales Tax sec. 1 of 1933 PA 167 (MCL 205.51). governor's veto; Filed with secretary of state 1/18/2018; 2017 - 2018 Vehicle Finance: Vehicle Assigned pa 02'18 with immediate effect Sen. Dave Sales Tax History Hildenbrand (R-MI)

Michigan Tax - Financial Issues: Use tax; collections; use tax on the difference; accelerate phase-in. Amends 01/18/2018 - House passed bill by 2/3 vote over SB 95 Vehicle Sales Tax sec. 2 of 1937 PA 94 (MCL 205.92). governor's veto; Filed with secretary of state; Assigned 2017 - 2018 Vehicle Finance: Vehicle pa 01'18 with immediate effect Sen. David Sales Tax History Robertson (R-MI)

Michigan Banking: General Corporate income tax; financial institutions; tax base of financial institutions; 12/28/2018 - Approved by governor 12/26/2018 @ SB 361 Tax - Financial Issues: clarify. Amends secs. 651 & 655 of 1967 PA 281 (MCL 206.651 & 206.655). 9:03 pm; Filed with secretary of state 12/27/2018 @ 2017 - 2018 Corporate Taxes, Financial 3:50 pm; Assigned pa 0460'18 with immediate effect Sen. Darwin Booher InstitutionsTaxation History (R-MI)

Minnesota Arbitration: General Revisor's bill 05/20/2018 - Returned from House pg. 9300; SF 3326 Banking: Operations Presentment date 05/18/18; Governor's action 2017 - 2018 Approval 05/20/18 Debt and Collections: Bad Sen. Ron Latz (DFL- History Checks, MN) Collections/Garnishment Related Bills: Tax - Financial Issues: HF 3790 Corporate Taxes Vehicle Finance: Titling & Liens, Towing/Impoundment

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 13 of 28 Bill/Reg. # Categories Summary Status Mississippi Tax - Financial Issues: Mississippi Infrastructure Modernization Act of 2018 08/29/2018 - Approved by governor HB 1x Vehicle Sales Tax History 2018 Vehicle Finance: Vehicle Speaker Philip Gunn Sales Tax (REP-MS)

Missouri Debt and Collections: Changes the laws regarding state revenues 07/12/2018 - Approved by Governor (G); Delivered to HB 2540 Collections/Garnishment Secretary of State (G) 2018 Internet Gambling: History Rep. Elijah Haahr (R- Fantasy Sports MO) Tax - Financial Issues: Corporate Taxes, Internet Tax, Vehicle Sales Tax Vehicle Finance: Vehicle Sales Tax

Missouri Tax - Financial Issues: CCS/HCS/SS/SCS/SB 707 - This act modifies provisions relating to vehicle 07/05/2018 - Signed by Governor SB 707 Vehicle Sales Tax sales. History 2018 Vehicle Finance: Sen. Dave Schatz Licensing, Titling & Liens, (REP-MO) Vehicle Sales Tax

Missouri Tax - Financial Issues: SB 768 - Beginning January 1, 2019, this act allows telephone companies to 06/01/2018 - Signed by Governor SB 768 Corporate Taxes make a one-time election of whether to have their property assessed in the History 2018 same manner as railroads, as in current law, or in the same manner as Sen. Denny Hoskins railroads for property consisting of land and buildings and under a depreciation (R-MO) schedule for all other forms of property, as described in the act.

Missouri Tax - Financial Issues: HCS/SB 884 - This act modifies several provisions relating to taxation. 06/01/2018 - Signed by Governor SB 884 Corporate Taxes History 2018 Sen. Andrew Koenig (R-MO)

Missouri Banking: Banking Fees, SCS/SRBs 975 & 1024 - This act repeals specified expired, ineffective and 06/01/2018 - Signed by Governor SRB 975 General, Operations obsolete statutory provisions, including the following: History 2018 Debt and Collections: Sen. Bob Dixon (R- Collections/Garnishment MO) Tax - Financial Issues: Corporate Taxes, Financial InstitutionsTaxation

Nebraska Tax - Financial Issues: Change the sales tax sourcing rules for certain motor vehicles and trailers 04/18/2018 - Approved by Governor on April 17, 2018 LB 1030 Vehicle Sales Tax History 2017 - 2018 Vehicle Finance: Vehicle Sen. Curt Friesen Sales Tax (NE)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 14 of 28 Bill/Reg. # Categories Summary Status New Hampshire Tax - Financial Issues: relative to applications for and the use of education tax credits. 06/28/2018 - H: Signed by Governor Sununu; Chapter HB 1686 Corporate Taxes 341; Eff. 07/01/2018 2017 - 2018 History Rep. Greg Hill (R- NH)

New Hampshire Real Estate: Liens relative to sales of tax-deeded property. 06/04/2018 - S: Signed by the Governor on SB 504 Tax - Financial Issues: 05/30/2018; Chapter 0149; Effective 07/29/2018 2017 - 2018 Deeds/Mortgage Tax, Real History Sen. Jeb Bradley Estate Sales Tax (REP-NH)

New Jersey Tax - Financial Issues: Creates Garden State Growth Zone at Atlantic City International Airport and 10/03/2018 - Approved P.L.2018, c.120. AB 3676 Corporate Taxes surrounding area; adjusts full-time employee designation requirements.* History 2018 - 2019 Asm. Vincent Mazzeo (D-NJ)

Related Bills: SB 2307 New Jersey Tax - Financial Issues: Imposes surtax on corporation business tax liability; decouples certain 07/01/2018 - Approved P.L.2018, c.48. AB 4202 Corporate Taxes provisions from Internal Revenue Code; imposes tax on certain dividends. History 2018 - 2019 Pintor Marin, Eliana

Related Bills: SB 2746 New Jersey Tax - Financial Issues: Amends provisions regarding tax base and operative dates relative to CBT and 10/04/2018 - Approved P.L.2018, c.131. AB 4495 Corporate Taxes combined reporting; provides CBT deduction in amount of certain foreign- History 2018 - 2019 related income; clarifies tax treatment of certain tax credits awarded by EDA. Pintor Marin, Eliana

Related Bills: SB 2989 New Jersey Tax - Financial Issues: Provides for collection of sales tax by marketplace facilitators and certain 10/04/2018 - Approved P.L.2018, c.132. AB 4496 Internet Tax remote sellers, and clarifies collection of taxes related to hotel and transient History 2018 - 2019 Virtual Currency accommodation occupancies. Burzichelli, John J.

Related Bills: SB 2990 New Jersey Tax - Financial Issues: Revises tax credit transfer provisions for certain tax incentive programs and 01/16/2018 - Approved P.L.2017, c.313. SB 3305 Corporate Taxes, Financial revises certain tax treatment of tax credit transfer certificates.* History 2016 - 2017 InstitutionsTaxation Sen. Paul Sarlo (DEM-NJ)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 15 of 28 Bill/Reg. # Categories Summary Status New Mexico Tax - Financial Issues: RELATING TO TAXATION; PROVIDING FOR ALTERNATIVE EVIDENCE OTHER 03/03/2018 - Signed by the Governor (Mar. 2) Ch. 56 HB 194 Corporate Taxes THAN A NONTAXABLE TRANSACTION CERTIFICATE TO ENTITLE PERSONS History 2018 TO A DEDUCTION FROM GROSS RECEIPTS. Rep. David Adkins (R-NM)

New Mexico Insurance Products: RELATING TO INSURANCE; TRANSFERRING THE DUTY TO COLLECT 03/03/2018 - Signed by the Governor (Mar. 2) Ch. 57 HB 223 Insurance Regulation INSURANCE PREMIUM TAXES TO THE TAXATION AND REVENUE History 2018 Tax - Financial Issues: DEPARTMENT; TRANSFERRING FUNCTIONS, PERSONNEL, Rep. Carl Trujillo (D- Insurance Premium Tax APPROPRIATIONS, MONEY, PROPERTY AND CONTRACTUAL OBLIGATIONS; NM) AMENDING, REPEALING AND ENACTING SECTIONS OF THE NMSA 1978.

New Mexico Tax - Financial Issues: RELATING TO CORPORATIONS; CHANGING THE BIENNIAL REPORT DUE 03/02/2018 - Signed by the Governor (Mar. 1) Ch. 35 SB 225 Corporate Taxes DATE FOR CERTAIN CORPORATIONS. History 2018 Sen. Clemente Sanchez (DEM-NM)

New York Tax - Financial Issues: Relates to ALS (Amyotrophic Lateral Sclerosis) research and education; 10/01/2018 - SIGNED CHAP.290 AB 398 Corporate Taxes creates the New York ALS research and education fund. History 2017 - 2018 Aileen Gunther

Related Bills: SB 1474 New York Tax - Financial Issues: Provides for taxpayer gifts for lupus education and prevention, and establishes 10/01/2018 - SIGNED CHAP.294 AB 2788 Corporate Taxes the lupus education and prevention fund and outreach program. History 2017 - 2018 Crystal Peoples- Stokes

Related Bills: SB 5489 New York Tax - Financial Issues: Establishes the military family relief fund and provides taxpayers a method by 12/21/2018 - SIGNED CHAP.374 AB 3842 Corporate Taxes which they may contribute to the fund. History 2017 - 2018 Asm. Felix Ortiz (D- NY)

Related Bills: SB 9044 New York Tax - Financial Issues: Authorizes a tax check-off for gifts to food banks; establishes the gifts to food 12/21/2018 - SIGNED CHAP.375 AB 4572 Financial InstitutionsTaxation banks fund; authorizes and directs the commissioner of temporary and disability History 2017 - 2018 assistance to promulgate rules and regulations necessary to distribute grants to Asm. William Magee local not-for-profit corporations for the distribution of food to persons in need. (D-NY)

Related Bills: SB 8938

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 16 of 28 Bill/Reg. # Categories Summary Status New York Tax - Financial Issues: Extends Herkimer county's mortgage recording tax authorization until 2020. 07/31/2018 - SIGNED CHAP.141 AB 9791 Deeds/Mortgage Tax History 2017 - 2018 Asm. Marc Butler (R- NY)

Related Bills: SB 7668

New York Tax - Financial Issues: Extends provisions authorizing the county of Wyoming to impose a county 07/31/2018 - SIGNED CHAP.142 AB 9792 Deeds/Mortgage Tax recording tax on obligations secured by a mortgage on real property until History 2017 - 2018 December 1, 2021. Asm. David DiPietro (R-NY)

Related Bills: SB 7624 New York Globalization/Outsourcing Senate budget resolution in response to the 2018-2019 Executive Budget 03/13/2018 - REFERRED TO FINANCE; ADOPTED R 4168 Lending: Student Loans submission History 2017 - 2018 Mortgage Lending: John J. Flanagan Reverse Mortgages Tax - Financial Issues: Corporate Taxes

New York Employer Practices: Enacts into law major components of legislation necessary to implement the 04/12/2018 - SIGNED CHAP.57 SB 7507 General state health and mental hygiene budget for the 2018-2019 state fiscal year History 2017 - 2018 Tax - Financial Issues: Sponsor was not Corporate Taxes provided

Related Bills: AB 9507 New York Tax - Financial Issues: Enacts into law major components of legislation which are necessary to 04/12/2018 - SIGNED CHAP.59 SB 7509 Corporate Taxes, implement the state fiscal plan for the 2018-2019 state fiscal year History 2017 - 2018 Deeds/Mortgage Tax, Real Sponsor was not Estate Sales Tax provided

Related Bills: AB 9509 New York Mortgage Lending: Extends the effectiveness for two years authorizing the county of Albany to 11/05/2018 - SIGNED CHAP.346 SB 7966 Mortgage Loan impose a county mortgage recording tax. History 2017 - 2018 Administration Neil D. Breslin Tax - Financial Issues: Deeds/Mortgage Tax Related Bills: AB 10059

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 17 of 28 Bill/Reg. # Categories Summary Status North Carolina Tax - Financial Issues: Regulatory Reform Act of 2018. 06/27/2018 - Veto Overridden; Ch. SL 2018-114 HB 374 Vehicle Sales Tax History 2017 - 2018 Vehicle Finance: Vehicle Rep. Pat McElraft (R- Sales Tax NC)

Related Bills: SB 501 North Carolina Tax - Financial Issues: Appropriations Act of 2018. 06/12/2018 - Veto Overridden; Ch. SL 2018-5 SB 99 Corporate Taxes History 2017 - 2018 Vehicle Finance: Vehicle Sen. Michael Lee (R- Protection Products NC)

North Carolina Banking: ATM, Banking The Uniform & Expanded Early Voting Act. 06/27/2018 - Veto Overridden; Ch. SL 2018-112 SB 325 Fees, Operations History 2017 - 2018 Tax - Financial Issues: Sen. Jerry Tillman Corporate Taxes, (R-NC) Deeds/Mortgage Tax, Financial InstitutionsTaxation

North Carolina Tax - Financial Issues: AN ACT TO EXPAND THE REQUIRED USE OF THE ELECTRONIC LIEN 06/22/2018 - Signed by Gov.; Ch. SL 2018-42 SB 411 Vehicle Sales Tax SYSTEM IMPLEMENTED BY THE DIVISION OF MOTOR VEHICLES, TO REVISE History 2017 - 2018 Vehicle Finance: Electronic THE LAW GOVERNING WHEN A MOTOR VEHICLE DEALER THAT DOES NOT Sen. Brent Jackson Lien Notification, Electronic HAVE A MOTOR VEHICLE'S STATEMENT OF ORIGIN OR CERTIFICATE OF (R-NC) Titling, Lienholder Notice, TITLE MAY TRANSFER TITLE TO THE MOTOR VEHICLE, AND TO MAKE Titling & Liens, Vehicle Sales OTHER CHANGES TO LAWS AFFECTING MOTOR VEHICLE DEALERS. Tax

Ohio Banking: Operations To amend sections 1101.05, 1109.20, 1121.10, 1125.23, 1181.08, 1322.01, 12/19/2018 - SIGNED BY GOVERNOR, eff. 90 days HB 489 Mortgage Lending: 1322.07, 1322.09, 1322.12, 1322.34, 1322.40, 1322.50, 1733.01, 1733.04, History 2017 - 2018 Licensing Loan 1733.041, 1733.05, 1733.13, 1733.14, 1733.16, 1733.19, 1733.22, 1733.24, Rep. Jonathan Dever Originators/Servicers 1733.32, 1733.329, and 1733.39, to enact sections 103.31, 1121.101, (R-OH) 1121.61, 1349.72, 1733.051, 1733.152, 1733.328, 1733.441, and 1733.53, Tax - Financial Issues: and to repeal section 1733.26 of the Revised Code to revise the laws governing Corporate Taxes, Financial credit unions, to provide some regulatory relief to state banks and credit InstitutionsTaxation unions, to provide for data analytics to be conducted on publicly available information regarding banks, credit unions, and consumer finance companies, to require registration of mortgage loan servicers, and to require a specified notice be given to a debtor for certain debt collection. Ohio Tax - Financial Issues: To amend sections 3334.01, 3334.02, 3334.08, 3334.09, 3334.18, 3334.19, 03/30/2018 - SIGNED BY GOVERNOR, eff. immediately SB 22 Corporate Taxes 3334.20, 5701.11, 5747.01, and 5747.70 of the Revised Code to expressly History 2017 - 2018 incorporate changes in the Internal Revenue Code since March 30, 2017, into Sen. Bob Peterson Ohio law, to allow tax deductible contributions to Ohio 529 plans for K-12 (R-OH) education expenses, and to declare an emergency.

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 18 of 28 Bill/Reg. # Categories Summary Status Ohio Tax - Financial Issues: To authorize the creation of a special improvement district to facilitate Lake Erie 12/19/2018 - SIGNED BY GOVERNOR, eff. 90 days SB 51 Corporate Taxes shoreline improvement, to revise other laws governing taxation and public History 2017 - 2018 property and otherwise provide authorization and conditions for the operation of Rep. Michael state programs, to make appropriations, and to declare an emergency. Exempts Skindell (D-OH) from sales and use tax exports that are in Ohio only temporarily for storage and package consolidation before being delivered to a foreign citizen and declares an emergency. Oklahoma Tax - Financial Issues: An Act relating to revenue and taxation; amending adjustments to Oklahoma 03/29/2018 - Enacted HB 1011 Corporate Taxes taxable income and Oklahoma adjusted gross income; modifying provisions History 2017 - 2018 related to certain itemized deductions; imposing limitation on deduction amount; Rep. Weldon Watson providing exceptions; and providing an effective date. (R-OK)

Oklahoma Tax - Financial Issues: Revenue and taxation; income tax returns and payment; providing for certain 05/07/2018 - Approved by Governor HB 3715 Corporate Taxes installment payments based upon provisions of the Internal Revenue Code. History 2017 - 2018 Rep. Kevin Wallace (REP-OK)

Oklahoma Tax - Financial Issues: Revenue and taxation; taxable income and adjusted gross income; modifying 03/29/2018 - Motion to reconsider vote tabled; HB 1011xx Corporate Taxes provisions related to certain itemized deductions; imitation on deduction Engrossed measure signed, returned to House; 2017 - 2018 amount; effective date. Referred for enrollment; Enrolled, signed, to Senate; Rep. Kevin Wallace Enrolled measure signed, returned to House; Sent to (R-OK) Governor; Approved by Governor 03/29/2018 History Oklahoma Tax - Financial Issues: Revenue and taxation; requiring any remote seller, marketplace facilitator or 04/12/2018 - Approved by Governor 04/10/2018 HB 1019xx Internet Tax referrer with aggregate sales in the state to either collect and remit sales taxes History 2017 - 2018 or notice consumers and file state reports. Rep. Kevin Wallace (R-OK)

Oklahoma Banking: General Bank privilege tax; modifying time period during which certain credit may be 04/26/2018 - Approved by Governor 04/26/2018 SB 883 Tax - Financial Issues: claimed. Effective date. History 2017 - 2018 Financial InstitutionsTaxation Sen. Roger Thompson (REP-OK)

Oklahoma Tax - Financial Issues: Small Employer Quality Jobs Incentive Act; modifying requirements for incentive 05/03/2018 - Approved by Governor 05/03/2018 SB 923 Corporate Taxes payments. Effective date. History 2017 - 2018 Sen. Roger Thompson (R-OK)

Oklahoma Tax - Financial Issues: Income tax refund donations; authorizing donation to Oklahoma AIDS Care 04/26/2018 - Approved by Governor 04/26/2018 SB 943 Corporate Taxes Revolving Fund; creating revolving fund. Effective date. History 2017 - 2018 Sen. Kay Floyd (DEM-OK)

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 19 of 28 Bill/Reg. # Categories Summary Status Oregon Tax - Financial Issues: Updates connection date to federal Internal Revenue Code and other 04/03/2018 - Governor signed. Chapter 57, (2018 HB 4080 Corporate Taxes provisions of federal tax law. Laws): Effective date June 2, 2018. 2018 History Rep. Julie Fahey (DEM-OR)

Oregon Tax - Financial Issues: Expands availability of elective reduced personal income tax rate for certain 05/22/2018 - Speaker signed.; President signed.; HB 4301x Corporate Taxes pass-through income to taxpayers doing business as sole proprietors. Governor signed. Chapter 1, (2018 Laws): Effective 2018 date August 20, 2018. Speaker Tina Kotek History (DEM-OR)

Oregon Tax - Financial Issues: Creates tax credit for contributions to Opportunity Grant Fund. Expands 04/13/2018 - Governor signed. Chapter 108, 2018 SB 1528 Corporate Taxes availability of elective reduced tax rate for certain pass-through income to Laws.; Effective date, June 2, 2018. 2018 taxpayer doing business as sole proprietor. History Sponsor was not provided

Oregon Tax - Financial Issues: Updates connection date to federal Internal Revenue Code and other 04/10/2018 - Governor signed. Chapter 101, 2018 SB 1529 Corporate Taxes provisions of federal tax law. Laws.; Effective date, June 2, 2018. 2018 History Sponsor was not provided

Oregon Tax - Financial Issues: Establishes Employer Incentive Fund. 04/10/2018 - Governor signed. Chapter 105, 2018 SB 1566 Corporate Taxes Laws.; Effective date, June 2, 2018. 2018 History Sponsor was not provided

Pennsylvania Tax - Financial Issues: Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform 06/28/2018 - Approved by the Governor HB 994 Corporate Taxes Code of 1971, in gross receipts tax, further providing for imposition of tax. History 2017 - 2018 Rep. Seth Grove (R- PA)

Pennsylvania Tax - Financial Issues: Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform 10/24/2018 - Approved by the Governor SB 627 Corporate Taxes Code of 1971, in corporate net income tax, further providing for definitions. History 2017 - 2018 KILLION

Pennsylvania Tax - Financial Issues: Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform 06/28/2018 - Approved by the Governor SB 1056 Corporate Taxes Code of 1971, in corporate net income tax, further providing for definitions. History 2017 - 2018 BROOKS

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 20 of 28 Bill/Reg. # Categories Summary Status Puerto Rico Tax - Financial Issues: for the purpose of establishing the simplification plan of the contributory system; 12/10/2018 - Law No. 257, 12/10/18, 4 Ordinary HB 1544 Corporate Taxes and for other related purposes. Session, Effective immediately. See document in 2017 - 2020 WORD format. See document in PDF format. Sponsor was not History provided

Related Bills: SB 909 Rhode Island Tax - Financial Issues: AN ACT MAKING APPROPRIATIONS FOR THE SUPPORT OF THE STATE 06/22/2018 - Signed by Governor HB 7200 Corporate Taxes FOR THE FISCAL YEAR ENDING JUNE 30, 2019 History 2018 Rep. Marvin Abney (D-RI)

Rhode Island Electronic Commerce: E- AN ACT RELATING TO PROPERTY -- ELECTRONIC RECORDING (Authorizes 06/29/2018 - Signed by Governor SB 2145 Sign/Disclosure a city or town clerk/recorder of deeds, at the clerk's/recorder's option, to accept History 2018 Mortgage Lending: electronic documents for recording real property and land records and to index Sen. Elizabeth Mortgage Loan and store those documents.) Crowley (DEM-RI) Administration Tax - Financial Issues: Deeds/Mortgage Tax

South Carolina Employer Practices: AN ACT TO AMEND ARTICLES 9 AND 11 OF CHAPTER 9, TITLE 11, CODE 05/18/2018 - - Signed By Governor. Effective date HB 3895 Workers' Compensation OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO REVENUE AND 07/01/18.Act No. 246. 2017 - 2018 Tax - Financial Issues: FISCAL AFFAIRS, SO AS TO REORGANIZE THE ARTICLES, TO ELIMINATE History Rep. William Corporate Taxes CERTAIN DIVISIONS, AND TO MAKE CONFORMING CHANGES; TO AMEND Herbkersman (R-SC) SECTIONS 2-7-71 AND 2-7-78, RELATING TO CERTAIN IMPACT STATEMENTS, SO AS TO REQUIRE THE STATEMENTS TO BE CERTIFIED BY THE EXECUTIVE DIRECTOR OF THE REVENUE AND FISCAL AFFAIRS OFFICE; TO AMEND SECTION 2-7-73, RELATING TO HEALTH COVERAGE IMPACT STATEMENTS, SO AS TO REQUIRE THE DEPARTMENT OF INSURANCE TO PROVIDE CERTAIN ANALYSIS UPON REQUEST; TO AMEND SECTION 4-10-790, RELATING TO DISTRIBUTIONS FROM A LOCAL OPTION SALES AND USE TAX, SO AS TO REQUIRE THE DEPARTMENT OF REVENUE TO FURNISH DATA TO THE STATE TREASURER, AND TO REQUIRE THE REVENUE AND FISCAL ... South Carolina Tax - Financial Issues: AN ACT TO AMEND SECTION 38-7-90, CODE OF LAWS OF SOUTH 05/18/2018 - Signed By Governor; Effective date HB 4962 Insurance Premium Tax CAROLINA, 1976, RELATING TO RETALIATORY TAXES BY OTHER STATES 05/18/18. Act No. 229. 2017 - 2018 AGAINST INSURANCE COMPANIES CHARTERED IN THIS STATE, SO AS TO History Rep. William PROVIDE TITLE INSURERS ONLY MAY INCLUDE THEIR PORTION OF THE Sandifer (REP-SC) PREMIUM IN THE RETALIATORY TAX COMPUTATIONS AND ARE PROHIBITED FROM INCLUDING THESE AMOUNTS IN THE SOUTH CAROLINA COLUMN OF RETALIATORY TAX WORKSHEETS. - ratified title South Dakota Debt and Collections: revise certain provisions concerning property tax collections, delinquent 03/06/2018 - Signed by the Governor on March 5, 2018 HB 1147 General property taxes, tax certificates, and tax deeds. H.J. 696 2018 Mortgage Lending: Lien History Rep. David Lust Priority, Mortgage Loan (REP-SD) Administration Tax - Financial Issues: Deeds/Mortgage Tax

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 21 of 28 Bill/Reg. # Categories Summary Status South Dakota Electronic Commerce: provide for the collection and remittance of certain taxes by certain marketplace 9/12/2018 - Enacted SB 2x Money Transmission providers. History 2018 Tax - Financial Issues: Sen. Larry Tidemann Internet Tax (REP-SD)

Tennessee Tax - Financial Issues: Exemption and Credits - As enacted, directs the Tennessee advisory 05/18/2018 - Signed by Governor. Effective date(s) HB 1345 Corporate Taxes commission on intergovernmental relations (TACIR) to perform a study of the 05/15/2018; Pub. Ch. 952 2017 - 2018 potential, overall effects of creating a franchise and excise tax credit for History Rep. Karen Camper shippers with pickups or deliveries originating in, or destined to, Shelby County. (DEM-TN) - Amends TCA Title 55 and Title 67.

Related Bills: SB 1277 Tennessee SCRA & MilitaryRelief: Henry County - Subject to local approval, authorizes the levy of a motor vehicle 03/23/2018 - Signed by Governor. 04/04/2018 - Pr. Ch. HB 1478 General, Vehicle privilege tax in Henry County. - 35 2017 - 2018 Tax - Financial Issues: History Rep. Tim Wirgau Vehicle Sales Tax (REP-TN) Vehicle Finance: Registration, Vehicle Sales Related Bills: Tax SB 1501 Tennessee Tax - Financial Issues: Taxes - As introduced, authorizes the commissioner of revenue to require or 05/21/2018 - Signed by Governor; Effective date(s) HB 2132 Corporate Taxes authorize a ""perfection period"" for electronically filed Hall income tax and 10/1/2018; Pub. Ch. 1048 2017 - 2018 franchise and excise tax returns. - Amends TCA Section 67-2-107; Title 67, History VanHuss Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Related Bills: SB 2051 Tennessee Tax - Financial Issues: Taxes - As introduced, urges department of revenue, in consultation with 05/18/2018 - Signed by Governor. Effective date(s) HB 2384 Corporate Taxes department of tourist development, to study annual amounts of revenue from 01/01/2019; Pub. Ch. 959 2017 - 2018 sales taxes and liquor-by-the-drink taxes generated over last five years from History Rep. John Crawford professional sporting events; requires department to submit its findings and (R-TN) recommendations within 90 days from conclusion of study to finance, ways and means committees of house of representatives and senate. - Amends TCA Title Related Bills: 4; Title 5; Title 6; Title 7; Title 9; Title 11; Title 57 and Title 67. SB 2380 Tennessee Tax - Financial Issues: Taxes - As enacted, extends from "" June 30, 2023"" to ""June 30, 2028"" the 05/21/2018 - Signed by Governor; Effective date(s) SB 2119 Corporate Taxes termination date for allocation of state sales tax revenue to municipalities under 05/21/2018; Pub. Ch. 1011 2017 - 2018 the former Courthouse Square Revitalization Pilot Project Act of 2005; revises History Sen. John Stevens other provisions governing taxation. - Amends TCA Title 67. (REP-TN)

Related Bills: HB 2310

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 22 of 28 Bill/Reg. # Categories Summary Status Tennessee Tax - Financial Issues: Taxes - As introduced, establishes a method of apportionment that may be 04/09/2018 - Signed by Governor. Effective date(s) SB 2256 Corporate Taxes elected by financial asset management companies for franchise and excise tax 04/09/2018; Pub. Ch. 656 2017 - 2018 purposes. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, History Sen. Mark Norris (R- Part 21. TN)

Related Bills: HB 2112 Utah Tax - Financial Issues: This bill amends and enacts provisions related to state and local taxes and 03/26/2018 - Governor Signed HB 293 Corporate Taxes revenues. History 2018 Rep. Bradley Last (R-UT)

Utah Tax - Financial Issues: This bill amends provisions related to certain offices' access to information 02/20/2018 - Governor Signed HB 316 Corporate Taxes attached to or included with a return filed with the State Tax Commission. History 2018 Rep. Last, Bradley G.

Utah Tax - Financial Issues: This bill modifies provisions relating to corporate income tax on deferred foreign 07/21/2018 - Governor Signed HB 2002xx Corporate Taxes income. History 2018 Rep. Eliason, Steve

Utah Tax - Financial Issues: This bill amends income tax provisions. 07/21/2018 - Governor Signed HB 2003xx Corporate Taxes History 2018 Rep. Steven Eliason (R-UT)

Utah Tax - Financial Issues: Removes the requirement that a product purchased for resale be resold within 03/20/2018 - Governor Signed SB 37 Vehicle Sales Tax the state to qualify for a sales and use tax exemption History 2018 Vehicle Finance: Vehicle Sen. Stephenson, Sales Tax Howard A.

Utah Tax - Financial Issues: This bill modifies the business income apportionment provisions. 03/27/2018 - Governor Signed SB 72 Corporate Taxes History 2018 Sen. Harper, Wayne A.

Utah Tax - Financial Issues: This bill amends provisions related to federal tax reform . 03/21/2018 - Governor Signed SB 244 Corporate Taxes History 2018 Sen. Stephenson, Howard A.

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 23 of 28 Bill/Reg. # Categories Summary Status Utah Tax - Financial Issues: This bill modifies sales and use tax provisions. 07/21/2018 - Governor Signed SB 2001xx Internet Tax History 2018 Sen. Curtis Bramble (R-UT)

Vermont Tax - Financial Issues: An act relating to making appropriations for the support of government, 07/02/2018 - House - Enacted without Governor's HB 16x Corporate Taxes financing education, and vital records signature 2017 - 2018 History House Committee on Government Operations

Vermont Tax - Financial Issues: An act relating to the statute of limitations for recovery and possession of 05/02/2018 - House - Signed by Governor on May 2, HB 300 Deeds/Mortgage Tax property actions against the grantee of a tax collector's deed 2018 2017 - 2018 History Rep. Rodney Graham (REP-VT)

Vermont Electronic Commerce: An act relating to miscellaneous changes to laws related to motor vehicles 05/30/2018 - Senate - Signed by Governor on May 30, SB 272 Money Transmission 2018 2017 - 2018 Personal Loans: ACH History Sen. Richard Mazza Payments SCRA & MilitaryRelief: Vehicle Tax - Financial Issues: Vehicle Sales Tax Vehicle Finance: Franchise, Record Retention, Registration, Titling & Liens, Vehicle Sales Tax, Warranties

Virginia Tax - Financial Issues: Advances conformity of the Commonwealth's tax code with the federal tax code 02/23/2018 - Senate concurred in Governor's HB 154 Corporate Taxes to February 9, 2018. The bill conforms only to certain provisions of Public Law recommendation (38-Y 0-N); Governor: Governor's 2018 - 2019 115-97, known as the ""Tax Cuts and Jobs Act,"" that affect taxable years prior recommendation adopted; House: Reenrolled; House: Del. R. Lee Ware to 2018. The bill conforms to provisions creating an incentive for taxpayers to Reenrolled bill text (HB154ER2); House: Signed by (REP-VA) make contributions to hurricane relief efforts and certain other provisions. The Speaker as reenrolled; Senate: Signed by President as bill also conforms to provisions of Public Law 115-123, known as the reenrolled; House: Enacted, Chapter 15 (effective ""Bipartisan Budget Act of 2018,"" that affect taxable year 2017. The bill 2/23/18) contains an emergency clause and is identical to SB 230. History Virginia Privacy and Fraud: Identity Notification of tax return data breach. Requires paid income tax return 03/09/2018 - Governor: Approved by Governor- HB 183 Theft, Security Breach preparers to notify the Department of Taxation within a reasonable time period Chapter 283 (effective 7/1/18); Acts of Assembly 2018 - 2019 Tax - Financial Issues: Tax if they discover that an unauthorized person has accessed a taxpayer's return Chapter text (CHAP0283) Del. Hala Ayala (D- Preparer information. The bill defines return information and provides that it does not History VA) include publicly available information. This bill is identical to SB 271.

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 24 of 28 Bill/Reg. # Categories Summary Status Virginia Tax - Financial Issues: Income tax; modification for certain companies; grants. Establishes an income 04/09/2018 - Governor: Approved by Governor- HB 222 Corporate Taxes tax modification for companies that, from 2018 through 2024, either (i) invest at Chapter 802 (effective 7/1/18) 2018 - 2019 least $5 million in new capital investment in a qualified locality and create at History Sponsor was not least 10 jobs paying at least 150 percent of the minimum wage in a qualified provided locality or (ii) create at least 50 jobs paying at least 150 percent of the minimum wage in a qualified locality. A company is eligible to claim the modification only if it had no property or payroll in Virginia on the effective date of the act. Virginia Tax - Financial Issues: Income tax subtraction; Virginia real estate investment trust income. Establishes 04/18/2018 - House: House concurred in Governor's HB 365 Corporate Taxes an individual and corporate income tax subtraction for income attributable to an recommendation (99-Y 0-N); House: VOTE: ADOPTION 2018 - 2019 investment in a Virginia real estate investment trust, defined in the bill as an (99-Y 0-N); Senate: Senate concurred in Governor's Sponsor was not investment fund that is certified by the Department of Taxation as investing at recommendation (39-Y 0-N); Senate: Reconsideration provided least 90 percent of trust funds in Virginia and at least 40 percent of trust funds of Governor's recommendation agreed to (38-Y 0-N 1- in localities that are either distressed or double distressed. The bill defines a A); Senate: Senate concurred in Governor's distressed locality as one where the unemployment rate is greater than the recommendation (39-Y 0-N); Governor: Governor's statewide average or the poverty rate exceeds the statewide average. The bill recommendation adopted. ENACTED, Chapter 821 defines a double distressed locality as one that satisfies both of the preceding (effective 7/1/18) criteria. An income tax subtraction would be available only for an investment ... History Virginia Tax - Financial Issues: Registration and licensing of vehicles; payment of local taxes and fees. Clarifies 03/23/2018 - Governor: Approved by Governor- HB 489 Vehicle Sales Tax that in localities in which the treasurer or director of finance has entered into an Chapter 431 (effective 7/1/18); Governor: Acts of 2018 - 2019 Vehicle Finance: agreement with the Commissioner of the Department of Motor Vehicles Assembly Chapter text (CHAP0431) Del. Chris Hurst Registration, Vehicle Sales (Commissioner) for the Commissioner to refuse to issue or renew vehicle History (DEM-VA) Tax registrations for persons with certain delinquent taxes or fees, the Commissioner shall refuse to issue or renew the vehicle registration of any applicant who owes any local vehicle license fees or delinquent tangible personal property tax, regardless of whether such fee or tax is related to the vehicle for which the applicant is seeking a vehicle registration or renewal. The bill requires the Department of Motor Vehicles to promulgate regulations consistent with the provisions of the ... Virginia Tax - Financial Issues: Tax Requirements that paid tax return preparers use identification numbers; civil 03/05/2018 - Senate: Senate concurred in Governor's HB 788 Preparer penalty. Directs the Department of Taxation (the Department) to require paid recommendation (39-Y 0-N); Governor: Governor's 2018 - 2019 tax return preparers to provide their federal Preparer Tax Identification Number recommendation adopted; Senate: Reenrolled; House: Del. Mark Keam (PTIN) when preparing or assisting in preparing tax returns. The bill authorizes Reenrolled bill text (HB788ER2); House: Signed by (DEM-VA) the Department to bar or suspend tax return preparers for repeated failure to Speaker as reenrolled; Senate: Signed by President as provide their PTIN and imposes a civil penalty of $50 for each failure to provide reenrolled; Governor: Approved by Governor-Chapter a PTIN, not to exceed $25,000 per year. The bill requires the Department to 150 (effective 7/1/18); Acts of Assembly Chapter text promulgate regulations for using the PTIN as an oversight mechanism to (CHAP0150) identify patterns of fraud. In addition, the bill directs the Department to establish History information-sharing protocols with the Internal Revenue Service and authorizes the ... Virginia Tax - Financial Issues: Charter; Town of Middleburg. Provides that the Middleburg town council may, 03/23/2018 - Governor: Approved by Governor- HB 1437 Vehicle Sales Tax notwithstanding any other provision of law, levy a tax on business personal Chapter 414 (effective 7/1/18); Governor: Acts of 2018 - 2019 Vehicle Finance: Vehicle property, as described in the Code of Virginia, without regard to the existence Assembly Chapter text (CHAP0414) Del. Wendy Gooditis Sales Tax of, or rate of, tax on motor vehicles or any other classification of tangible History (DEM-VA) personal property. This bill is identical to SB 594.

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 25 of 28 Bill/Reg. # Categories Summary Status Virginia Tax - Financial Issues: Taxation of all-terrain vehicles, mopeds, and off-road motorcycles. Provides 04/18/2018 - House: House concurred in Governor's HB 1441 Vehicle Sales Tax that all-terrain vehicles, mopeds, and off-road vehicles shall be subject to the recommendation (77-Y 21-N); House: VOTE: 2018 - 2019 Vehicle Finance: Vehicle motor vehicle sales and use tax but exempt from the retail sales and use tax. ADOPTION (77-Y 21-N); Senate: Senate concurred in Sponsor was not Sales Tax Current law provides that such vehicles are subject to the retail sales and use Governor's recommendation (39-Y 0-N); Senate: provided tax but exempt from the motor vehicle sales and use tax. The motor vehicle Reconsideration of Governor's recommendation agreed sales and use tax would be imposed at the same rate as the state and local to (38-Y 0-N 1-A); Senate: Senate concurred in sales and use tax: at a rate of six percent in Planning Districts 8 and 23 and 5.3 Governor's recommendation (39-Y 0-N); Governor: percent in the rest of the state. The revenues collected from the motor vehicle Governor's recommendation adopted; House: sales tax on all-terrain vehicles, mopeds, and off-road vehicles would be Reenrolled; House: Reenrolled bill text (HB1441ER2); distributed in the same manner as the state and local retail sales and use tax. House: Signed by Speaker as reenrolled; Senate: Signed by President as reenrolled; House: Enacted, Chapter 838 (effective 7/1/18) - Acts of Assembly Chapter text History Virginia Credit and Debit Cards: Budget Bill. Amending Chapter 836 of the 2017 Acts of Assembly. 06/01/2018 - House: Enrolled; House: Signed by HB 5001x Debit Cards, Governmental Speaker; Senate: Signed by President; House: Enrolled 2018 - 2019 Payments, Interchange Bill communicated to Governor on June 1, 2018; Del. Jerrauld Jones Fees/Surcharging Governor: Governor's Action Deadline Midnight, June (D-VA) Lending: Student Loans 8, 2018; House: Bill text as passed House and Senate (HB5001ER); Governor: Approved by Governor- Prepaid Cards: General Chapter 1 (effective 6/7/18) Tax - Financial Issues: History Corporate Taxes Vehicle Finance: Registration

Virginia Credit and Debit Cards: Budget Bill. Appropriations of the Budget submitted by the Governor of Virginia 06/07/2018 - Governor: Approved by Governor- HB 5002x Debit Cards, Governmental in accordance with the provisions of § 2.2-1509, Code of Virginia, and to Chapter 2 (effective 7/1/18); Acts of Assembly Chapter 2018 - 2019 Payments, Interchange provide a portion of revenues for the two years ending respectively on the text (CHAP0002) Del. Jerrauld Jones Fees/Surcharging thirtieth day of June, 2019, and the thirtieth day of June, 2020. History (D-VA) Lending: Student Loans Prepaid Cards: Payroll Cards Tax - Financial Issues: Corporate Taxes Vehicle Finance: Registration

Virginia Tax - Financial Issues: Advances conformity of the Commonwealth's tax code with the federal tax code 02/22/2018 - House: House concurred in Governor's SB 230 Corporate Taxes to February 9, 2018. The bill conforms only to certain provisions of Public Law recommendation (99-Y 0-N); VOTE: ADOPTION (99-Y 2018 - 2019 115-97, known as the ""Tax Cuts and Jobs Act,"" that affect taxable years prior 0-N); Governor: Governor's recommendation adopted; Sen. Emmett Hanger to 2018. The bill conforms to provisions creating an incentive for taxpayers to House: Reenrolled; Senate: Reenrolled bill text (REP-VA) make contributions to hurricane relief efforts and certain other provisions. The (SB230ER2); House: Signed by Speaker as reenrolled; bill also conforms to provisions of Public Law 115-123, known as the Senate: Signed by President as reenrolled; House: ""Bipartisan Budget Act of 2018,"" that affect taxable year 2017. The bill Enacted, Chapter 14 (effective 2/22/18) contains an emergency clause and is identical to HB 154. History

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 26 of 28 Bill/Reg. # Categories Summary Status Virginia Tax - Financial Issues: Taxation of all-terrain vehicles, mopeds, and off-road motorcycles. Provides 04/18/2018 - House: Enacted, Chapter 840 (effective SB 249 Vehicle Sales Tax that all-terrain vehicles, mopeds, and off-road vehicles shall be subject to the 7/1/18); Enacted, Chapter 840 (effective 10/1/18); 2018 - 2019 Vehicle Finance: Vehicle motor vehicle sales and use tax but exempt from the retail sales and use tax. Governor: Acts of Assembly Chapter text (CHAP0840) Sponsor was not Sales Tax Current law provides that such vehicles are subject to the retail sales and use History provided tax but exempt from the motor vehicle sales and use tax. The motor vehicle sales and use tax would be imposed at the same rate as the state and local sales and use tax: at a rate of six percent in Planning Districts 8 and 23 and 5.3 percent in the rest of the state. The revenues collected from the motor vehicle sales tax on all-terrain vehicles, mopeds, and off-road vehicles would be distributed in the same manner as the state and local retail sales and use tax. Virginia Privacy and Fraud: Identity Notification of tax return data breach. Requires paid income tax return 03/19/2018 - Governor: Approved by Governor- SB 271 Theft, Security Breach preparers to notify the Department of Taxation within a reasonable time period Chapter 360 (effective 7/1/18); Acts of Assembly 2018 - 2019 Tax - Financial Issues: if they discover that an unauthorized person has accessed a taxpayer's return Chapter text (CHAP0360) Sen. Janet Howell Corporate Taxes, Tax information. The bill defines return information and provides that it does not History (D-VA) Preparer include publicly available information. This bill is identical to HB 183.

Virginia Tax - Financial Issues: Income tax; modification for certain companies; grants. Establishes an income 04/09/2018 - Governor: Approved by Governor- SB 883 Corporate Taxes tax modification for companies that, from 2018 through 2024, either (i) invest at Chapter 801 (effective 7/1/18) 2018 - 2019 least $5 million in new capital investment in a qualified locality and create at History Sponsor was not least 10 jobs paying at least 150 percent of the minimum wage in a qualified provided locality or (ii) create at least 50 jobs paying at least 150 percent of the minimum wage in a qualified locality. A company is eligible to claim the modification only if it had no property or payroll in Virginia on the effective date of the act. West Virginia Tax - Financial Issues: Updating the meaning of federal taxable income and certain other terms used in 02/21/2018 - S - Approved by Governor - Chapter 236, HB 4135 Corporate Taxes the West Virginia Corporation Net Income Tax Act Acts, Regular Session, 2018 2018 History Mr. Speaker (Mr. Armstead)

West Virginia Tax - Financial Issues: Changing date for employers to file annual reconciliation and withholding 03/20/2018 - Approved by Governor; Chapter 230, SB 338 Financial statements Acts, Regular Session, 2018 2018 InstitutionsTaxation, Tax History Sen. Craig Blair (R- Preparer WV)

Wisconsin Tax - Financial Issues: This bill makes the following tax law changes: 1) changes the length of the 04/04/2018 - Asm. - Report approved by the Governor AB 259 Corporate Taxes recognition period for built-in gains tax; 2) changes the standard of proof a on 4-3-2018. 2017 Wisconsin Act 231; Asm. - 2017 - 2018 taxpayer must meet to establish that a transaction has economic substance for Published 4-4-2018 Rep. Terry Katsma income and franchise tax purposes; 3) eliminates the Department of Revenue's History (R-WI) obligation and authority to participate in the Multistate Tax Commission Audit Program; and 4) eliminates an exception to current law that allows a taxpayer to Related Bills: rely on past audits to avoid tax liability in later audits. SB 203 Wisconsin Tax - Financial Issues: An Act to amend 71.26 (2) (a) 4., 71.34 (1k) (g) and 71.45 (2) (a) 10.; and to 04/03/2018 - Sen. - Report approved by the Governor SB 75 Corporate Taxes create 71.28 (10), 71.30 (3) (ey), 71.47 (10) and 71.49 (1) (ey) of the statutes; on 4-3-2018. 2017 Wisconsin Act 197; Sen. - Published 2017 - 2018 Relating to: creating a corporate income and franchise tax credit for amounts 4-4-2018 Sen. Dan Feyen (R- contributed by an employer into an employee's college savings ... History WI)

Related Bills: AB 108 FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 27 of 28 Bill/Reg. # Categories Summary Status Wisconsin Tax - Financial Issues: Relating to: state and local highway projects; expenditure of transportation 12/14/2018 - Sen. - Report approved by the Governor SB 883 Corporate Taxes, Internet moneys received from the federal government; determining a reduction in on 12-14-2018. 2017 Wisconsin Act 368; Sen. - 2017 - 2018 Tax individual income tax rates; and election of pass-through entities to be taxed at Published 12-15-2018 Joint Committee on the entity level. History Finance

Related Bills: AB 1069

FOCUS, A Leonine Business - 10/14/2020 - 174 bills/regs. | CONFIDENTIAL 28 of 28