2016 House Bill 5666

Revise bank tax details

Introduced in the House

May 17, 2016

Introduced by Rep. Anthony Forlini (R-24)

To revise how the net capital of financial institutions is determined for purposes of imposing the state business income tax.

Referred to the Committee on Financial Services

Nov. 30, 2016

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.