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1998 SESSION
HB 989 Business income tax; floor exemption.
Introduced by: A. Donald McEachin | all patrons ... notes | add to my profiles
SUMMARY:
Business income tax; floor exemption. Provides an exemption from income tax for businesses that have less than $100,000 of taxable income in the calendar year 1998, $200,000 in calendar year 1999, $300,000 in calendar year 2000, $400,000 in calendar year 2001, and $500,000 in calendar year 2002 and thereafter.
FULL TEXT
HISTORY
- 01/26/98 House: Presented & ordered printed 988830351
- 01/26/98 House: Referred to Committee on Finance
- 01/29/98 House: Assigned to Finance sub-committee: 2
- 02/17/98 House: Continued to 1999 in Finance (24-Y 0-N)