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HB 550 (2015)

Summary:

As introduced, this bill makes a variety of changes to the tobacco tax laws. The bill was amended to modify business taxes so that a company going public does not have to pay the 8.5% business profits tax on any increase in the company's value from the sale of shares.

Bill Sponsor:
Russell T. Ober III
Republican party logo
Bill Became Law?:
No
Status Detail:
Vetoed by Governor
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