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2005 SESSION

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HB 1504 Business, professional and occupational licensing (BPOL) tax; license fees, rates and requirements.

Introduced by: James M. Shuler | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Business, Professional and Occupational Licensing Tax (BPOL); license fees, rates and requirements. Requires localities that impose the BPOL tax to (i) eliminate license fees by January 1, 2007, (ii) exempt the first $100,000 of gross receipts from taxation by January 1, 2007, and (iii) reduce the several different rates currently in the Code to a flat rate of $.20 cents per $100 of gross receipts for license years beginning on and after January 1, 2006.


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