BILL · 2009–10 SESSION

SB 6637: Small business tax credit

Increasing the small business credit for the business and occupation tax.

Summary

  • The credit against the B&O tax is increased to $40 per month. Annually, beginning in calendar year 2012, the small business credit must be increased by the consumer price index for the fiscal year that ends June 30 of the prior calendar year.

From the Senate Bill Report (SB 6637), 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 Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Rosa Franklin (D-29)
Introduced
January 19, 2010 in the Senate
Last action
March 15, 2010
Companion bill
HB 3101
Budget
Has a fiscal note

AN ACT Relating to increasing the small business credit for the business and occupation tax;

Sponsors

Prime sponsor: Rosa Franklin (D-29)

2 co-sponsors (1 Democrat, 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. Referred to Ways & Means.
  3. And refer to Ways & Means.
  4. EDTI - Majority; do pass.
  5. First reading, referred to Economic Development, Trade & Innovation.

SB 6637 in other sessions

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

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