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HB 503 (2025)

Increase the BPT, BET, and Meals and Rooms Tax, and reestablish the I&D Tax

Summary:

Increases the rates of the Business Profits Tax, Business Enterprise Tax, and Meals and Rooms Tax, and reestablishes the Interest and Dividends Tax.  The bill sends the additional revenue in the Education Trust Fund.

Bill Sponsor:
Thomas "Tom" Schamberg
Democratic party logo
Status:
HOUSE
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