SB 479-FN (2016): establishing a credit against business taxes for implementing employee profit sharing.

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“SB 479-FN (2016): establishing a credit against business taxes for implementing employee profit sharing.” Granite Record, https://graniterecord.org/bill/2016/sb479. Accessed 24 Oct. 2026.
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@misc{bill-2016-sb479, title = {SB 479-FN (2016): establishing a credit against business taxes for implementing employee profit sharing.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2016/sb479}, note = {Accessed 24 Oct. 2026} }

SB 479-FN (2016)

establishing a credit against business taxes for implementing employee profit sharing.

  • Status: Referred for interim study
  • Term: 2015-2016
  • Senate committee: Ways and Means
  • Subject: Taxes - State

The Story

It was introduced on January 6, 2016 and referred to the Senate Ways and Means committee. The committee held a public hearing on January 26, 2016. The committee recommended that the Senate study it after the session ends. On February 11, 2016 the Senate adopted “Refer to Interim Study, RC 14Y-10N”.

Sponsors

Hearings and Sessions

  • January 26, 2016, 10:15 AM: hearing, Senate Ways and Means, SH 103

Votes

  • February 11, 2016, Senate: Interim Study — yeas 14, nays 10, passed

The Docket

  • January 6, 2016: Introduced 01/06/2016 and Referred to Ways and Means
  • January 26, 2016: Hearing: 01/26/2016, Room 103, SH, 10:15 am; SC3
  • February 11, 2016: Committee Report: Referred to Interim Study, 02/11/2016; SC5
  • February 11, 2016: Refer to Interim Study, RC 14Y-10N, MA; 02/11/2016

Laws It Would Change

From the General Court