BILL · 1997–98 SESSION

SB 5000: B&O tax rates lowered

Lowering business and occupation tax rates.

Summary

  • B&O tax rates are reduced to their pre-1993 levels, effective July 1, 1997, as follows: the selected business service rate is reduced from 2.0 percent to 1.5 percent; the financial business service rate is reduced from 1.6 percent to 1.5 percent; and the "other activities" rate is reduced from 1.75 percent to 1.5 percent.

From the Senate Bill Report (SB 5000), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 13, 1997
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Patricia Hale (R-8)
Introduced
January 13, 1997 in the Senate
Last action
January 12, 1998
Budget
Has a fiscal note

Sponsors

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 5000 in other sessions

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

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