SB 367 Phases out the corporate income tax
Sponsor: Ridgeway
LR Number: 1785S.01I Fiscal Note: 1785-01
Committee: Ways and Means
Last Action: 3/4/2009 - Hearing Conducted S Ways and Means Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2009

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Current Bill Summary

SB 367 - Beginning in the 2010 taxable year, this act phases out the corporate income tax over a period of four years so that for the tax year 2014, no corporate income tax will be imposed.

This act is identical to House Bill 178 (2009).