BILL · 2007–08 SESSION

HB 2128: Petroleum businesses

Imposing additional business and occupation taxes on major petroleum businesses.

Summary

  • Provides that upon every person engaging within this state in the business of manufacturing petroleum products, an additional tax is imposed with respect to such business equal to the value of the product manufactured, or in the case of processors for hire, equal to the gross income of the business, multiplied by the rate of three percent.

From the Bill Digest (HB 2128), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 9, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Steve Conway (D-29)
Introduced
February 9, 2007 in the House
Last action
January 14, 2008

AN ACT Relating to imposing additional taxes on petroleum businesses;

Sponsors

Prime sponsor: Steve Conway (D-29)

5 co-sponsors (5 Democrats, 0 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.

HB 2128 in other sessions

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

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