BILL · 2021–22 SESSION
HB 1111: Investments/B&O tax
Concerning investment income tax deductions.
Summary
- Eliminates the business and occupation tax deduction for investment income for all taxpayers except individuals.
From the House Bill Analysis 2021 (HB 1111), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 11, 2021
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Eileen Cody (D-34)
- Introduced
- January 11, 2021 in the House
- Last action
- January 10, 2022
- Budget
- Has a fiscal note
AN ACT Relating to investment income tax deductions;
Sponsors
Prime sponsor: Eileen Cody (D-34)
2 co-sponsors (2 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Finance.
- Prefiled for introduction.
HB 1111 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1111 (2025–26) Early release petitions
- HB 1111 (2023–24) Housing benefit districts
- HB 1111 (2019–20) Regionalization/islands
- HB 1111 (2017–18) DNA biological samples
- HB 1111 (2015–16) Court transcripts
- HB 1111 (2013–14) State's real property assets
- HB 1111 (2011–12) Federal, state & local govts
- HB 1111 (2009–10) Telecommunications trucks