BILL · 2007–08 SESSION

SB 5667: Small business tax relief

Providing excise tax relief for small businesses.

Summary

  • Annually, beginning in calendar year 2007, the small business credit must be increased by the fiscal growth factor for the fiscal year that ends June 30th of the prior calendar year. Increases are rounded to the nearest multiple of one dollar.

From the Senate Bill Report (SB 5667), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2007
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rosa Franklin (D-29)
Introduced
January 29, 2007 in the Senate
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to excise tax relief for small businesses;

Sponsors

Votes

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

History

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

SB 5667 in other sessions

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

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