BILL · 2005–06 SESSION · LATEST VERSION SSB 5673

SB 5673: High tech b & o tax credit

Changing provisions relating to the high technology business and occupation tax credit.

Summary

  • For the purposes of calculating the high-technology B&O tax credit for R&D spending, the average tax rate is based on a business's total annual taxable amount rather than taxable income.

From the Senate Bill Report (SB 5673), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 2, 2005
  2. Out of committeeFeb 18, 2005
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
February 2, 2005 in the Senate
Last action
February 11, 2006
Requested by
State agency
Companion bill
HB 1693
Budget
Has a fiscal note
Versions
SB 5673, SSB 5673

AN ACT Relating to the high technology business and occupation tax credit;

Sponsors

Prime sponsor: Margarita Prentice (D-11)

4 co-sponsors (2 Democrats, 2 Republicans)

Votes

No recorded floor votes.

History

  1. Made eligible to be placed on second reading. (SSB 5673)
  2. Made eligible to be placed on second reading.
  3. By resolution, reintroduced and retained in present status. (SSB 5673)
  4. By resolution, reintroduced and retained in present status.
  5. Referred to Rules. (SSB 5673)
  6. Referred to Rules.
  7. Placed on second reading by Rules Committee. (SSB 5673)
  8. Placed on second reading by Rules Committee.
  9. Made eligible to be placed on second reading. (SSB 5673)
  10. Made eligible to be placed on second reading.
  11. Passed to Rules Committee for second reading. (SSB 5673)
  12. WM - Majority; 1st substitute bill be substituted, do pass. (SSB 5673)
  13. WM - Majority; 1st substitute bill be substituted, do pass.
  14. Passed to Rules Committee for second reading.
  15. First reading, referred to Ways & Means.

SB 5673 in other sessions

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

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