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
  1. IntroducedJan 11, 2021
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. 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

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.
  3. 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.

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