Category: Economy, Budget and Taxes

HB 1385 (2016) relative to the sale or exchange of an interest in a business organization under the business profits tax.

House/Senate Bill: House

Description: Limits the inclusion in the business profits tax of the net increase due to certain sales or exchanges of an interest or beneficial interest in a business organization.

Bill Sponsor: Patricia Lovejoy

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Click the "Link to Full Bill" for information

Next Voting Date: Click the "Link to Full Bill" for information

Bill Status

Died in Conference Committee
Passed House Committee: Yes
Passed House: Yes
Passed Senate Committee: Yes
Passed Senate: Yes
Signed by Governor: No

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