SENATE BILL 67

File Code: Taxes - Income Prior Year Introduction As: SB 8/06

Sponsored By:

Senator Klausmeier

Entitled:

Income Tax - Credit for Smoking Prohibition on the Premises of Business Establishments

Synopsis:

Providing for credits against the State income tax for prohibiting smoking on the premises of specified business establishments; limiting the credit to the lesser of $5,000 or a percentage of the State income tax for the taxable year; providing for the issuance of specified eligibility certificates by the board of license commissioners; requiring a taxpayer claiming the credit to obtain and file with the State income tax return a specified eligibility certificate; etc.

History by Legislative and Calendar Date

Senate Action

1/19

First Reading Budget and Taxation

1/24

Hearing 2/7 at 1:00 p.m.

3/12

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

Alcoholic Beverages Licenses

Commerce and Business -see also- Dealers; Traders; etc

Income Tax

License Commissioners, Boards of

Local Government Mandates

Notices

Restaurants

Smoking -see also- Cigarettes

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General

( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered