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HB 1533 (2024)

Increase safe harbor provision for compensation under BPT

Summary:

Increases the amount of the safe harbor provision for compensation under the Business Profits Tax (BPT), from $75,000 to $100,000, and provides for a biennial increase in future years based on the percentage change in the Consumer Price Index.

Bill Sponsor:
John Janigian
Republican party logo
Bill Became Law?:
No
Status:
SENATE
Status Detail:
Interim Study
Public Hearing Date:
04/10/2024 10:00 am
Public Hearing Location:
SH Room 100
House Voting Date:
02/15/2024
Senate Voting Date:
05/22/2024
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