Introduced
by
To establish that, notwithstanding a recent change in the definition contained in the Single Business Tax (SBT) regulations of “sales” versus “gross receipts,” the "sales" of a franchisor would not include franchise fees.
Referred to the Committee on Tax Policy
Substitute offered
To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates changes resulting from committee testimony and deliberation. These changes do not affect the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 97 to 0 (details)
To establish that, notwithstanding a recent change in the definition contained in the Single Business Tax (SBT) regulations of “sales” versus “gross receipts,” the "sales" of a franchisor would not include franchise fees.
Amendment offered
To clarify certain technical definitions in the bill, and make it retroactive to Jan. 1, 2001.
The amendment passed by voice vote
Passed in the Senate 33 to 0 (details)
Received
To concur with the Senate-passed version of the bill.
To establish that, notwithstanding a recent change in the definition contained in the Single Business Tax (SBT) regulations of “sales” versus “gross receipts,” the "sales" of a franchisor would not include franchise fees.
Passed in the House 97 to 0 (details)
To concur with the Senate-passed version of the bill.
