SB 458-FN-A (1992): creating a credit against the business profits tax for conversion of defense production to civilian production.

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@misc{bill-1992-sb458, title = {SB 458-FN-A (1992): creating a credit against the business profits tax for conversion of defense production to civilian production.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1992/sb458}, note = {Accessed 24 Oct. 2026} }

SB 458-FN-A (1992)

creating a credit against the business profits tax for conversion of defense production to civilian production.

  • Status: Killed
  • Term: 1991-1992
  • Senate committee: Ways and Means
  • Subject: Taxes - State

The Story

It was introduced on January 8, 1992 and referred to the Senate Ways and Means committee. The committee held a public hearing on January 30, 1992. The committee recommended that the Senate study it after the session ends. On February 13, 1992 the Senate adopted “Special Order to 02/19/1992” on a voice vote. On February 19, 1992 the Senate voted to kill it on a voice vote.

Sponsors

  • Sen. W. King (SD2) (prime sponsor)
  • Sen. Cohen (SD24)

Hearings and Sessions

  • January 30, 1992, 10:00 AM: hearing, Senate Ways and Means, RM104,LOB

Votes

  • February 13, 1992, Senate: Special Order to 02/19/1992 — voice vote, passed
  • February 19, 1992, Senate: Inexpedient to Legislate — voice vote, passed

The Docket

  • January 8, 1992: INTRODUCED AND REF TO WAYS & MEANS
  • January 30, 1992: HEARING JAN30 10:00 RM104,LOB FOR: WAYS & MEANS
  • February 12, 1992: COMM REPORT REF FOR STUDY FEB13
  • February 13, 1992: SPECIAL ORDER TO FEB19, SEN DELAHUNTY MA VV; SJ6,P76
  • February 19, 1992: REF FOR STUDY, ML VV; SEN W. KING MOVED ITL, MA VV; ITL REPORT ADOPTED VV; SJ7,P81-82

Laws It Would Change

Related Bills

  • SB 179-FN-A (1993): creating a government council on economic transition and a credit against the business profits tax for conversion of defense production to civilian production.

From the General Court