BILL · 1993–94 SESSION

SB 5486: Deferral of taxation

Deferring taxation to create jobs.

Summary

  • Provides for the deferral of taxes where the deferred tax payments are for investments or costs that result in the creation of a specified number of jobs. Establishes the application procedure. Requires a report on the effect of the act by January 1, 1996, and annually thereafter.

From the Bill Digest (SB 5486), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 1, 1993
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Bob McCaslin (R-4)
Introduced
February 1, 1993 in the Senate
Last action
March 11, 1994

Sponsors

Prime sponsor: Bob McCaslin (R-4)

1 co-sponsor (0 Democrats, 1 Republican)

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 5486 in other sessions

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

Report wrong or missing information on this page