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Senate Bill 0302


Senate Bill 0302

ARCHIVE (2006)

Latest Information

 

DIGEST OF INTRODUCED BILL


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