2022 House Bill 6286

Modify “Chapter S” business tax detail

Introduced in the House

June 30, 2022

Introduced by Rep. Andrew Beeler (R-83)

To modify the dates for a corporation organized as a “flow through entity” to make the election to pay and submit certain business tax information. This refers to firms whose income “flows through” to the owners directly (rather than through corporate dividend payments), who then pay personal income tax rather the firm paying corporate income tax.

Referred to the Committee on Tax Policy