Legislature(2017 - 2018)

2017-02-27 House Journal

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2017-02-27                     House Journal                      Page 0354
HB 36                                                                                                                         
SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 36 by                                                                                     
Representative Gara, entitled:                                                                                                  
                                                                                                                                
    "An Act bearing the short title of the 'Fair Contribution by High                                                           
    Profit Businesses Act'; requiring certain persons in the business of                                                        
    oil and gas production or transportation to pay income tax;                                                                 
    establishing a tax on the income of a sole proprietorship,                                                                  
    partnership, limited liability company, or an S corporation;                                                                
    relating to exemptions from the tax on corporations; and providing                                                          
    for an effective date."                                                                                                     
                                                                                                                                
was read the first time and referred to the Labor & Commerce and                                                                
Finance Committees.