BILL · 2011–12 SESSION

HB 2744: 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 2744), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 30, 2012
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Glenn Anderson (R-5)
Introduced
January 30, 2012 in the House
Last action
April 11, 2012
Budget
Has a fiscal note

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. First reading, referred to Ways & Means.

HB 2744 in other sessions

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

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