HB 1596-FN-A (2014): allowing for an adjustment to business enterprise taxes for business funds acquired by loan from a financial institution.

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@misc{bill-2014-hb1596, title = {HB 1596-FN-A (2014): allowing for an adjustment to business enterprise taxes for business funds acquired by loan from a financial institution.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2014/hb1596}, note = {Accessed 24 Oct. 2026} }

HB 1596-FN-A (2014)

allowing for an adjustment to business enterprise taxes for business funds acquired by loan from a financial institution.

  • Status: Referred for interim study
  • Term: 2013-2014
  • House committee: Ways and Means
  • Subject: Taxes - State

The Story

It was introduced on January 8, 2014 and referred to the House Ways and Means committee. The committee held a public hearing on January 16, 2014. The committee held a work session on January 16, 2014. The committee met in executive session on January 23, 2014 to vote on its recommendation. The committee reported: Refer to Interim Study for Feb 5 unanimously, 17–0. On February 6, 2014 the House adopted “Refer to Interim Study” on a voice vote. The committee held work sessions on August 27, 2014 and September 17, 2014. The committee met in executive session on September 17, 2014 to vote on its recommendation. The committee reported back on its interim study of the bill: “Not Recommended for Future Legislation”, by a vote of 15 to 0.

Sponsors

Hearings and Sessions

  • January 16, 2014, 10:30 AM: public hearing, House Ways and Means, LOB 202
  • January 16, 2014, 1:00 PM: full committee work session, House Ways and Means, LOB 305
  • January 23, 2014, 1:00 PM: executive session, House Ways and Means, LOB 202
  • August 27, 2014, 1:00 PM: subcommittee work session, House Ways and Means, LOB 202
  • August 27, 2014, 1:00 PM: work session, House Ways and Means, LOB 205
  • September 17, 2014: executive session, House Ways and Means, LOB 202 2 Hours after Session
  • September 17, 2014, 1:45 PM: full committee work session, House Ways and Means, LOB 202

Votes

  • February 6, 2014, House: Refer to Interim Study — voice vote, passed

The Docket

  • January 8, 2014: Introduced 1/8/2014 and Referred to Ways and Means
  • January 16, 2014: Public Hearing: 1/16/2014 10:30 AM LOB 202
  • January 16, 2014: Full Committee Work Session: 1/16/2014 1:00 PM LOB 305
  • January 23, 2014: Executive Session: 1/23/2014 1:00 PM LOB 202
  • January 28, 2014: Committee Report: Refer to Interim Study for Feb 5 (Vote 17-0; CC)
  • February 6, 2014: Refer to Interim Study MA VV
  • August 27, 2014: Interim Study - Subcommittee Work Session: 8/27/2014 1:00 PM LOB 202
  • August 27, 2014: Work Session: 8/27/2014 1:00 PM LOB 205
  • September 17, 2014: Interim Study - Full Committee Work Session: 9/17/2014 1:45 PM LOB 202
  • September 17, 2014: Executive Session: 9/17/2014 LOB 202 2 Hours after Session (Announced on Floor)
  • October 31, 2014: Interim Study Report: Not Recommended for Future Legislation (Vote 15-0)

Laws It Would Change

From the General Court