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Senate Bill 0255


Senate Bill 0255

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Single factor apportionment. Provides that, for purposes of the adjusted gross income tax, business income is apportioned based on the sales factor. Eliminates the property factor and payroll factor that are also used in apportioning income.
    Current Status:
     In Committee - first House
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