BILL · 2017–18 SESSION

HB 1231: Cooperative finance orgs tax

Removing the expiration date of the business and occupation tax deduction for cooperative finance organizations.

Summary

  • Eliminates expiration date for Business and Occupation tax preference for loan repayments received by nonprofit cooperative organizations from rural electric cooperatives.

From the House Bill Analysis 2017 (HB 1231), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 13, 2017
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Kristine Lytton (D-40)
Introduced
January 13, 2017 in the House
Last action
January 8, 2018
Companion bill
SB 5148
Budget
Has a fiscal note

AN ACT Relating to removing the expiration date of the business and occupation tax deduction for cooperative finance organizations;

Sponsors

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. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 1231 in other sessions

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

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