Introduced
by
To double the speed at which the Single Business Tax is phased out. Presently, it would be phased out at one tenth of one percent, over 20 years. House Bills 4135-4139 would accelerate the process to a 10 year phase out, and do so by bumping the annual phase out to two-tenths of one percent. Each bill accelerates the phase out for a two year period, this bill covers the third and fourth years (see HB 4135-4139).
Referred to the Committee on Tax Policy
