SB 55

RELATING TO INCOME TAXATION

By Senator(s) BUEN

Keywords: GENERAL EXCISE TAX, INCOME TAX, TAX CREDITS OR REFUNDS, TAXATION

Report Title: Income Tax Credit

Description: Increases the capital goods income tax credit from 4% to 10% for taxable years beginning after 12/31/98, 8% for taxable years beginning after 12/31/01, and 4.5% for taxable years beginning after 12/31/04.

 1-21-99        S Introduced and passed First Reading                      
 1-22-99        S Referred to WAM                                          
 2- 3-99        S Bill scheduled to be heard by WAM on 02-09-99 at
                  9:00 a.m. in conference room 211
 2- 9-99        S The measure is deferred.                                 
 3- 2-99        S Notice of public decision making by WAM on 03-05-99         
                  at 9:00 a.m. in conference room 211.