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HB 1607 (2010)

Establishes certain requirements for the reasonable compensation deduction under the business profits tax. The bill creates a committee to study safe harbors and taxation of investment organizations. This bill also deletes a provision subjecting to taxation certain income accumulated in trust for the benefit of unborn or unascertained persons.
Bill Sponsor:
Susan Almy
Democratic party logo
Bill Became Law?:
Status Detail:
Signed by Governor
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