2005 House Bill 4924

Expand small business income tax break

Introduced in the House

June 14, 2005

Introduced by Rep. Fulton Sheen (R-88)

To increase the cap on the level of gross sales that allows the owner of a small businesses to determine his or her income tax liability from the business using a simpler alternative method that results in a lower tax.

Referred to the Committee on Tax Policy