HB 1452-FN-A (1996): eliminating the net operating loss deduction from gross business profit and prospectively decreasing the business profits tax.
Cite this page
Granite Record indexes the General Court’s record; it is not that record. Where a citation allows only one source, cite the General Court — every page here links to what it is drawn from. The date below is the day the page was read.
- MLA
- “HB 1452-FN-A (1996): eliminating the net operating loss deduction from gross business profit and prospectively decreasing the business profits tax.” Granite Record, https://graniterecord.org/bill/1996/hb1452. Accessed 24 Oct. 2026.
- APA
- Granite Record. (n.d.). HB 1452-FN-A (1996): eliminating the net operating loss deduction from gross business profit and prospectively decreasing the business profits tax. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/1996/hb1452
- Chicago
- Granite Record. “HB 1452-FN-A (1996): eliminating the net operating loss deduction from gross business profit and prospectively decreasing the business profits tax.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/1996/hb1452.
- BibTeX
@misc{bill-1996-hb1452, title = {HB 1452-FN-A (1996): eliminating the net operating loss deduction from gross business profit and prospectively decreasing the business profits tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1996/hb1452}, note = {Accessed 24 Oct. 2026} }
HB 1452-FN-A (1996)
eliminating the net operating loss deduction from gross business profit and prospectively decreasing the business profits tax.
- Status: Killed
- Term: 1995-1996
- House committee: Finance
- Subject: Taxes - State
The Story
It was introduced on January 3, 1996 and referred to the House Finance committee. The committee held a public hearing on January 23, 1996. The majority of the committee recommended that the House kill it by a vote of 19–6. On February 21, 1996 the House voted to kill it on a voice vote.
Sponsors
- Rep. D. Soucy (Hills 42) (prime sponsor)
- Rep. Buckley (Hills 44)
- Rep. Hilliard (Straf 14)
- Rep. McCann (Straf 11)
Hearings and Sessions
- January 23, 1996, 10:30 AM: hearing, House Finance, RM100,ST HOUSE
Votes
- February 21, 1996, House: Inexpedient to Legislate — voice vote, passed
The Docket
- January 3, 1996: INTRODUCED AND REF TO FINANCE; HJ4,P135
- January 23, 1996: HEARING JAN23 10:30 RM100,ST HOUSE FOR: FINANCE
- February 14, 1996: MAJ REPORT ITL FOR FEB21 (VOTE 19-6)
- February 21, 1996: ITL REPORT ADOPTED VV; HJ30,P1115