Income tax, corporate; reduction of rate for up to three years for certain small businesses. (HB94)
Introduced By
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Corporate income tax; small business reduced rate. Allows a reduction of one percent in the corporate income tax rate for up to three years for certain small businesses that increase the number of their full-time employees by a minimum of five percent over the previous year. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/05/2010 | Committee |
| 01/05/2010 | Prefiled and ordered printed; offered 01/13/10 10101933D |
| 01/05/2010 | Referred to Committee on Finance |
| 01/19/2010 | Assigned Finance sub: #2 |
| 01/24/2010 | Impact statement from TAX (HB94) |
| 01/27/2010 | Subcommittee recommends continuing to 2011 (8-Y 1-N) |
| 02/01/2010 | Continued to 2011 in Finance |