BILL · 1991–92 SESSION · LATEST VERSION SSB 5712

SB 5712: Stock brokers/ B&O taxation

Concerning the taxation of broker-dealers, salespersons, investment advisers, or investments adviser salespersons.

Summary

  • The amount of B&O tax on stock brokers, broker-dealers or security houses shall be 1 percent. The tax shall be measured on the gross commission retained after any other broker, broker-dealer or house has been paid their portion of the gross commission due by contract or other agreement.

From the Senate Bill Report (SB 5712), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 15, 1991
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Ray Moore (D-36)
Introduced
February 15, 1991 in the Senate
Last action
January 13, 1992
Budget
Has a fiscal note
Versions
SB 5712, SSB 5712

Sponsors

Prime sponsor: Ray Moore (D-36)

3 co-sponsors (0 Democrats, 3 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5712 in other sessions

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

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