SB 260 (2023)
Business tax deduction for owners of business
Summary:
Allows a Business Profits Tax (BPT) deduction for the full amount of "fair, reasonable, and customary compensation" for members and owners of business organizations.
Bill Became Law?:
No
Status:
Status Detail:
Killed in the House
Public Hearing Date:
04/26/2023 11:00 am
Public Hearing Location:
LOB Room 202-204
House Voting Date:
05/04/2023
Senate Voting Date:
03/23/2023