HB 1308-FN-A (2008): relative to the business profits tax deduction for reasonable compensation.
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@misc{bill-2008-hb1308, title = {HB 1308-FN-A (2008): relative to the business profits tax deduction for reasonable compensation.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2008/hb1308}, note = {Accessed 24 Oct. 2026} }
HB 1308-FN-A (2008)
relative to the business profits tax deduction for reasonable compensation.
- Status: Referred for interim study
- Term: 2007-2008
- House committee: Ways and Means
- Subject: Taxes - State
The Story
It was introduced on January 2, 2008 and referred to the House Ways and Means committee. The committee held a public hearing on January 3, 2008. The committee held work sessions on January 15, 2008, January 24, 2008, January 31, 2008, February 12, 2008 and February 14, 2008. The committee met in executive session on February 19, 2008 to vote on its recommendation. The committee reported: Refer to Interim Study for Mar 5 CC unanimously, 17–0. On March 5, 2008 the House adopted “Refer to Interim Study” on a voice vote. The committee held work sessions on June 16, 2008 and September 29, 2008. The committee met in executive session on October 29, 2008 to vote on its recommendation. The committee reported back on its interim study of the bill: “Not Recommended for Future Legislation in 2009”, by a vote of 17 to 0.
Sponsors
- Rep. Susan Almy (D - Graf 11) (prime sponsor)
- Rep. Norman Major (R - Rock 8)
- Rep. Catherine Mulholland (D - Graf 10)
- Rep. John Kelley (D - Hills 26)
Hearings and Sessions
- January 3, 2008, 10:15 AM: public hearing, House Ways and Means, LOB 202
- January 15, 2008, 9:00 AM: subcommittee work session, House Ways and Means, LOB 202
- January 24, 2008, 9:00 AM: full committee work session, House Ways and Means, LOB 202
- January 31, 2008, 9:30 AM: subcommittee work session, House Ways and Means, LOB 202
- February 12, 2008, 8:30 AM: subcommittee work session, House Ways and Means, LOB 202
- February 14, 2008, 8:30 AM: subcommittee work session, House Ways and Means, LOB 202
- February 19, 2008, 1:00 PM: executive session, House Ways and Means, LOB 202
- June 16, 2008, 1:00 PM: subcommittee work session, House Ways and Means, LOB 202
- September 29, 2008, 1:00 PM: subcommittee work session, House Ways and Means, LOB 202
- October 29, 2008, 10:00 AM: executive session, House Ways and Means, LOB 202
Votes
- March 5, 2008, House: Refer to Interim Study — voice vote, passed
The Docket
- January 2, 2008: Introduced 1/2/2008 and Referred to Ways and Means
- January 3, 2008: Public Hearing: 1/3/2008 10:15 AM LOB 202
- January 15, 2008: Subcommittee Work Session: 1/15/08 9:00 AM LOB 202
- January 24, 2008: Full Committee Work Session: 1/24/2008 9:00 AM LOB 202
- January 31, 2008: Subcommittee Work Session: 1/31/2008 9:30 AM LOB 202
- February 12, 2008: Subcommittee Work Session: 2/12/2008 8:30 AM LOB 202
- February 14, 2008: Subcommittee Work Session: 2/14/2008 8:30 AM LOB 202
- February 19, 2008: Executive Session: 2/19/2008 1:00 PM LOB 202
- February 20, 2008: ==CANCELLED==Executive Session: 2/20/2008 1:00 PM LOB 202
- February 20, 2008: Committee Report: Refer to Interim Study for Mar 5 CC (vote 17-0)
- March 5, 2008: Refer to Interim Study: MA VV
- April 11, 2008: Referred to Ways and Means for Interim Study
- June 16, 2008: Interim Study Subcommittee Work Session: 6/16/2008 1:00 PM LOB 202
- September 29, 2008: Interim Study Subcommittee Work Session: 9/29/2008 1:00 PM LOB 202
- October 29, 2008: Interim Study Executive Session: 10/29/2008 10:00 AM LOB 202
- October 29, 2008: Interim Study Report: Not Recommended for Future Legislation in 2009 (Vote 17-0)