BILL · 1995–96 SESSION

SB 6117: B & O tax rates reduction

Reducing business and occupation tax rates.

Summary

  • B&O tax rates are reduced effective January 1, 1996 as follows: the selected business service rate is reduced from 2.5 percent to 2.0 percent; the financial business service rate is reduced from 1.7 percent to 1.6 percent; and the permanent part of the "other activities" rate is reduced from 2.0 percent to 1.75 percent. Due to the surtax, the "other activities" rate is 1.83 percent until July 1, 1997.

From the Senate Bill Report (SB 6117), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 1, Laws of 1996
  1. IntroducedJan 8, 1996
  2. Out of committee
  3. Passed SenateJan 9, 1996
  4. Passed HouseJan 12, 1996
  5. Governor
  6. LawJan 25, 1996
Prime sponsor
Kevin Quigley (D-39)
Introduced
January 8, 1996 in the Senate
Last action
January 25, 1996
Session law
Chapter 1, Laws of 1996
Budget
Has a fiscal note

Sponsors

Votes

Senate · Final Passage

January 9, 1996
Version voted on: SB 6117
46 Yea 3 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat22300
Republican24000
How each member voted

House · Final Passage

January 12, 1996
Version voted on: SB 6117
73 Yea 19 Nay 1 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat161901
Republican57014
How each member voted

Yea (73)

Absent (1)

House · Final Passage

January 24, 1996
Version voted on: SB 6117
76 Yea 21 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat152100
Republican61001
How each member voted

Yea (76)

Excused (1)

Senate · MOTION BY SENATOR QUIGLEY TO PASS THE BILL NOTWITHSTANDING THE GOVERNOR'S VETO.

January 24, 1996
Version voted on: SB 6117
41 Yea 7 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat17701
Republican24000
How each member voted
2 other recorded votes (amendments, procedural motions)

Senate · MOTION BY SENATOR SPANEL TO SUSPEND THE RULES AND PLACE THE BILL ON SECOND READING - FAILED. FAILED TO RECEIVE 2/3.

January 8, 1996
Version voted on: SB 6117
25 Yea 23 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican02301
How each member voted

Senate · AMENDMENT BY SENATOR DECCIO ON PAGE 1, LINE 7 - FAILED.

January 9, 1996
Version voted on: SB 6117
23 Yea 26 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat02500
Republican23100
How each member voted

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 6117 in other sessions

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

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