96th General Assembly, 1st Regular Session

HB 408

  
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

Bill Text

0098L.01I
0098L.02C

Bill Summary

Bill Summary
HB0408I
Bill Summary
HB0408C

Fiscal Note