BILL · 2003–04 SESSION

SB 5703: B & o tax credits

Modifying business and occupation tax credit qualification requirements.

Summary

  • The B&O tax credit for job creation in rural areas is allowed if the new employment positions created number at least 30 in smaller rural counties having a population of less than 50,000, or at least 50 in larger rural counties with populations of 50,000 or more.

From the Senate Bill Report (SB 5703), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 6, 2003
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Patricia Hale (R-8)
Introduced
February 6, 2003 in the Senate
Last action
January 12, 2004
Budget
Has a fiscal note

AN ACT Relating to business and occupation tax credits for eligible business projects;

Sponsors

Prime sponsor: Patricia Hale (R-8)

4 co-sponsors (2 Democrats, 2 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. Referred to Ways & Means.
  5. And refer to Ways & Means.
  6. EC - Majority; do pass.
  7. First reading, referred to Economic Development.

SB 5703 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