2007 Senate Bill 94 ↩

House Roll Call 225: Failed

To concur with a Senate-passed version of the bill. The vote sends the bill to a House-Senate conference committee to work out the differences. Reportedly the sides have agreed in principle on the general structure of a new business tax, but many details remain to be worked out. The new tax would impose a .8 percent gross receipts tax a 5 percent profits tax on big business, a 1.8 percent profits tax on small business, and cuts in personal property taxes.