(at the request of Senate Interim Committee on Finance and Revenue)
Chief Sponsors:
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Remove
Regular Sponsors:
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Bill Title:
Relating to the pass-through business alternative income tax; prescribing an effective date.
Catchline/Summary:
Extends the sunsets for the pass-through business alternative income tax and the related personal income tax credit. Digest: The Act extends the sunset for the BAIT and the related tax credit. (Flesch Readability Score: 76.5).
Extends the sunsets for the pass-through business alternative income tax and the related personal income tax credit. Applies to tax years beginning on or after January 1, 2022, and before January 1, 2028.
Takes effect on the 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 111 Senate Committee On Finance and Revenue
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