BILL · 1997–98 SESSION
SB 6571: Pharmaceutical business/tax
Prescribing the taxation of businesses warehousing and selling pharmaceutical drugs.
Summary
- Wholesalers that warehouse and resell pharmaceutical drugs are provided a tax reduction. The tax is based on a newly created category,"gross warehousing income," which is defined as 4 percent of gross income.
From the Senate Bill Report (SB 6571), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 21, 1998
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Jeannette Wood (R-21)
- Introduced
- January 21, 1998 in the Senate
- Last action
- January 21, 1998
- Companion bill
- HB 2933
Sponsors
Prime sponsor: Jeannette Wood (R-21)
8 co-sponsors (4 Democrats, 4 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 6571 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6571 (2019–20) Historical societies, powers
- SB 6571 (2017–18) Ag. education/sales tax ex.
- SB 6571 (2015–16) Responsible bidder criteria
- SB 6571 (2013–14) Remote seller tax/ed funding
- SB 6571 (2011–12) Spirits taxes collection
- SB 6571 (2009–10) Nursing & boarding home fees
- SB 6571 (2007–08) Judicial service
- SB 6571 (2005–06) Motor vehicle dealers