SB 435 (2022)
Modify Net Operating Loss Deduction for business tax
This bill became law.
Last updated 2024-02-27 4:26 pm
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.
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
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