HB 86 -- CORPORATE FRANCHISE TAX (Sutherland)

COMMITTEE OF ORIGIN:  Committee on Ways and Means

Beginning January 1, 2010, this bill increases the outstanding
shares and surplus threshold amount used to calculate a
corporation's annual franchise tax from $1 million to $10
million.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of $0 in FY
2010, $7,180,344 to $12,200,000 in FY 2011, and $7,180,344 to
$12,200,000 in FY 2012.  No impact on Other State Funds in FY
2010, FY 2011, and FY 2012.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:23 am