Bill Text - HB2 (2021)

Relative to state fees, funds, revenues, and expenditures.


Revision: June 2, 2021, 5:29 p.m.

Sen. D'Allesandro, Dist 20

Sen. Cavanaugh, Dist 16

Sen. Kahn, Dist 10

Sen. Prentiss, Dist 5

Sen. Rosenwald, Dist 13

Sen. Soucy, Dist 18

Sen. Watters, Dist 4

Sen. Whitley, Dist 15

Sen. Perkins Kwoka, Dist 21

June 2, 2021

2021-1861s

04/10

 

 

Floor Amendment to HB 2-FN-A-LOCAL

 

Amend the bill by deleting sections 89-102 and sections 109-111, relative to the interest and dividends tax, the business profits tax, and the business enterprise tax.

 

 

2021-1861s

AMENDED ANALYSIS

Delete:  39.  Reduces the tax rate of, and in 2027 eliminates, the interest and dividends tax.

 

Replace: 42.  Increases the filing threshold for the business enterprise tax and deletes the contingent rate reduction for the business profits tax.