To authorize a temporary refundable Single Business Tax credit equal to 15 percent of the property taxes paid by businesses to the state and local governments on industrial (but not commercial) tools and equipment ("personal property tax") in 2007 only. House Bill 5460 and 5461 offer the same tax break in 2008 and 2009.
106 Yeas / 2 Nays | |
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Excused or Not Voting (1) | |
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