BILL · 2009–10 SESSION

SB 5962: Newspapers & magazines

Reducing the business and occupation tax rate on the business of printing, and of publishing newspapers, magazines, or periodicals.

Summary

  • Businesses who are engaged in the business of printing and businesses engaged in the publishing of newspapers, magazines, and periodicals are subject to the B&O tax at the rate of .2904 percent. Businesses who claim the preferred rate must file an annual report to the Department of Revenue by March 31 of the year following the calendar year in which the business is eligible to claim the preferred rate.

From the Senate Bill Report (Orig.) (SB 5962), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 10, 2009
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
February 10, 2009 in the Senate
Last action
March 15, 2010
Companion bill
HB 2123
Budget
Has a fiscal note

AN ACT Relating to reducing the business and occupation tax rate on the business of printing, and of publishing newspapers, magazines, or periodicals;

Sponsors

Prime sponsor: Margarita Prentice (D-11)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Ways & Means.

SB 5962 in other sessions

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

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