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2000 SESSION

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HB 1325 Income tax; rate on income derived from sale of certain real estate.

Introduced by: James F. Almand | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; different tax rate on income derived from sale of certain real estate. Provides for the imposition of a 2.3 percent tax rate on the taxable proceeds of a sale of an apartment building or complex to its tenant organization or to a nonprofit organization, effective for taxable years beginning on and after January 1, 2001.

FULL TEXT

• 01/24/00  House: Presented & ordered printed 005536608  pdf

HISTORY

• 01/24/00  House: Presented & ordered printed 005536608
• 01/24/00  House: Referred to Committee on Finance
• 01/26/00  House: Assigned to Finance sub-committee: 2
• 02/15/00  House: Continued to 2001 in Finance (23-Y 0-N)