BILL · 2011–12 SESSION

HB 2032: Flat rate corporate inc. tax

Replacing the business and occupation tax with a flat rate corporate net income tax.

Summary

  • Eliminates municipal business and occupation taxes. Eliminates the state business and occupation tax and replaces it with a flat rate corporate net income tax.

From the Bill Digest (HB 2032), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedMar 23, 2011
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Glenn Anderson (R-5)
Introduced
March 23, 2011 in the House
Last action
April 11, 2012

AN ACT Relating to replacing the business and occupation tax with a flat rate corporate net income tax;

Sponsors

Prime sponsor: Glenn Anderson (R-5)

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. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. First reading, referred to Ways & Means.

HB 2032 in other sessions

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

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