2006 House Bill 5743 ↩

House Roll Call 330: Passed

To eliminate the state Single Business Tax, with the repeal effective Jan. 1, 2008. The bill prohibits replacing the tax with a new that is paid directly by individuals, including an increase in the rate or base of the income, sales, or use taxes, or property taxes levied on residential property (but not commercial or industrial property). It also requires the governor's "council of economic advisors" to recommend a new tax to replace all or part of the SBT revenues by Jan. 1, 2007.