Summary of the Introduced Bill

HB 2246 -- Corporate Income Tax

Sponsor:  Robb

Beginning September 1, 2008, this bill decreases the corporate
income tax rate from 6.25% to 5.5%.  For the purposes of
calculating the apportionment of corporate income, the bill
requires the sales factor to be multiplied by three.

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Last Updated March 6, 2008 at 10:12 am