Business, professional, occupational license tax; exemption for unprofitable business. (SB1408)
Introduced By
Sen. Frank Ruff (R-Clarksville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Business, professional, occupational license tax; exemption for unprofitable business. Exempts from the BPOL tax businesses that lose money and are unprofitable during the taxable year, for taxable years beginning on or after January 1, 2012. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/18/2011 | Presented and ordered printed 11102793D |
01/18/2011 | Referred to Committee on Finance |
01/22/2011 | Impact statement from TAX (SB1408) |
02/01/2011 | Reported from Finance with amendments (13-Y 1-N) (see vote tally) |
02/02/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/03/2011 | Read second time |
02/03/2011 | Reading of amendments waived |
02/03/2011 | Committee amendments agreed to |
02/03/2011 | Engrossed by Senate as amended SB1408E |
02/03/2011 | Printed as engrossed 11102793D-E |
02/04/2011 | Read third time and passed Senate (37-Y 1-N) (see vote tally) |
02/08/2011 | Placed on Calendar |
02/08/2011 | Read first time |
02/08/2011 | Referred to Committee on Finance |
02/09/2011 | Assigned Finance sub: #1 |
02/09/2011 | Impact statement from TAX (SB1408E) |
02/10/2011 | Subcommittee recommends reporting with amendment(s) (11-Y 0-N) |
02/14/2011 | Reported from Finance with amendments (22-Y 0-N) (see vote tally) |
02/15/2011 | Read second time |
02/16/2011 | Read third time |
02/16/2011 | Committee amendments agreed to |
02/16/2011 | Engrossed by House as amended |
02/16/2011 | Passed House with amendments BLOCK VOTE (97-Y 0-N) |
02/16/2011 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
02/18/2011 | House amendments agreed to by Senate (40-Y 0-N) (see vote tally) |
02/24/2011 | Enrolled |
02/24/2011 | Bill text as passed Senate and House (SB1408ER) |
02/24/2011 | Signed by Speaker |
02/24/2011 | Signed by President |
03/02/2011 | Impact statement from TAX (SB1408ER) |
03/15/2011 | G Approved by Governor-Chapter 188 (effective 7/1/11) |
03/15/2011 | G Acts of Assembly Chapter text (CHAP0188) |