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HB 503 (2025)

Increase the BPT, BET, and Meals and Rooms Tax, and reestablish the I&D Tax

This bill did not become law.

Last updated 2025-12-04 10:32 pm
Summary:

Increases the rates of the Business Profits Tax, Business Enterprise Tax, and Meals and Rooms Tax, and reestablishes the Interest and Dividends Tax.  The bill sends the additional revenue in the Education Trust Fund.

Bill Sponsor:
Thomas "Tom" Schamberg
Democratic party logo
Status:
HOUSE
Status Detail:
Killed in the House
Public Hearing Date:
02/12/2025 11:00 am
Public Hearing Location:
LOB Room 203
House Voting Date:
03/06/2025
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