SB 435 (2022)
Modify Net Operating Loss Deduction for business tax
Summary:
Modifies the Net Operating Loss Deduction (NOLD) under the Business Profits Tax (BPT). The Department of Revenue Administration states this bill would decrease revenue collected from the tax.
Bill Became Law?:
Yes
Status:
Status Detail:
Signed by Governor
Public Hearing Date:
04/05/2022 11:30 am
Public Hearing Location:
LOB Room 202-204
House Voting Date:
05/04/2022
Senate Voting Date:
02/16/2022
