BILL · 2009–10 SESSION

HB 2971: Limiting tax preferences

Limiting tax preferences that have been the subject of administrative or judicial appeals.

Summary

  • Eliminates the direct seller's representative (DSR) business and occupation (B&O) tax exemption on July 1, 2010.
  • Retroactively narrows the DSR B&O tax exemption.
  • Allows the first mortgage B&O deduction only for loans that are retained by the lender.
  • Modifies the preferential B&O tax rate for manufacturing and wholesaling activities related to perishable meat products.
  • Clarifies tax preferences for manufacturing and wholesaling activities related to fresh fruits and vegetables.

From the House Bill Analysis 2010 (HB 2971), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 2010
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Ross Hunter (D-48)
Introduced
January 19, 2010 in the House
Last action
March 15, 2010
Requested by
State agency
Companion bill
SB 6711
Budget
Has a fiscal note

AN ACT Relating to limiting tax preferences that have been the subject of administrative or judicial appeals;

Sponsors

Prime sponsor: Ross Hunter (D-48)

1 co-sponsor (1 Democrat, 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 2971 in other sessions

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

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