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BILL · 2007–08 SESSION · LATEST VERSION SSB 5763

SB 5763: Life sciences research

Modifying the business and occupation tax rate for certain life sciences purposes.

Summary

  • A B&O tax rate of 0.484 percent is established for income received by persons engaged in life sciences research, development, and production for biotechnological and medical device purposes.

From the Senate Bill Report (SB 5763), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 31, 2007
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Paull Shin (D-21)
Introduced
January 31, 2007 in the Senate
Last action
January 14, 2008
Companion bill
HB 1903
Budget
Has a fiscal note
Versions
SB 5763, SSB 5763

AN ACT Relating to the rate of business and occupation taxation for persons engaged in certain life sciences research, development, and production;

Sponsors

Prime sponsor: Paull Shin (D-21)

2 co-sponsors (1 Democrat, 1 Republican)

Jerome Delvin R-8Jeanne Kohl-Welles D-36

Votes

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

History

  1. By resolution, reintroduced and retained in present status. (SSB 5763)
  2. By resolution, reintroduced and retained in present status.
  3. LCRD - Majority; 1st substitute bill be substituted, do pass. (SSB 5763)
  4. And refer to Ways & Means. (SSB 5763)
  5. Referred to Ways & Means. (SSB 5763)
  6. Referred to Ways & Means.
  7. And refer to Ways & Means.
  8. LCRD - Majority; 1st substitute bill be substituted, do pass.
  9. First reading, referred to Labor, Commerce, Research & Development.

SB 5763 in other sessions

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

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