Bills · 2015-2016 Regular Session
Relating to: lowering the corporate income and franchise tax rate. (FE)
Corporation — Taxation Franchise — Taxation Insurance
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill lowers the income and franchise tax rate for corporations, including
insurers, from 7.9 percent to 7.65 percent.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Introduced by: Duchow (R)
Full history
- Apr 7, 2016 · Assembly
Introduced by Representative Duchow
- Apr 7, 2016 · Assembly
Read first time and referred to Committee on Rules
- Apr 12, 2016 · Assembly
Fiscal estimate received
- Apr 13, 2016 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1