Reduces the corporate income tax rate from 6.25% to 3.125%, authorizes an additional sales tax of .494%, and eliminates the corporate franchise tax beginning January 1, 2013
| Sponsor: |
Koenig, Andrew (088) |
| Co-Sponsor: |
Davis, Charlie (128) ... et al. |
| Proposed Effective Date: |
8/28/2011 |
| LR Number: |
0098L.02C |
| Last Action: |
03/07/2011 - Referred: Rules - Pursuant to Rule 25(32)(f) (H) Joint Committee on Economic Development Policy And Planning(J) |
| Bill String: |
HCS HB 408 |
| Next House Hearing: |
Hearing not scheduled |
| Calendar: |
Bill currently not on a House calendar |