HB 502-FN (2025): relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax.
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- MLA
- “HB 502-FN (2025): relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax.” Granite Record, https://graniterecord.org/bill/2025/hb502. Accessed 19 Oct. 2026.
- APA
- Granite Record. (n.d.). HB 502-FN (2025): relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax. Retrieved 19 Oct. 2026, from https://graniterecord.org/bill/2025/hb502
- Chicago
- Granite Record. “HB 502-FN (2025): relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax.” Accessed 19 Oct. 2026. https://graniterecord.org/bill/2025/hb502.
- BibTeX
@misc{bill-2025-hb502, title = {HB 502-FN (2025): relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2025/hb502}, note = {Accessed 19 Oct. 2026} }
HB 502-FN (2025)
relative to complete corporate reporting for unitary businesses under the business profits tax and revenues from the state education property tax.
- Status: Killed
- Term: 2025-2026
- House committee: Ways and Means
- Subject: Taxes - State
The Story
It was introduced on January 9, 2025 and referred to the House Ways and Means committee. The committee held a public hearing on January 28, 2025, with 12 people signed in online: 4 in support and 8 in opposition. The committee met in executive session on February 4, 2025 to vote on its recommendation. The majority recommended that the House kill it, and the minority recommended that the House pass it, by a vote of 11–9. The report was placed on the regular calendar. On February 20, 2025 the House voted to kill it on a roll call 209–163.
Sponsors
- Rep. Thomas Schamberg (D - Merr 6) (prime sponsor)
- Rep. Thomas Oppel (D - Graf 09)
Hearings and Sessions
- January 28, 2025, 11:15 AM: public hearing, House Ways and Means, LOB 202-204
- February 4, 2025, 1:30 PM: executive session, House Ways and Means, LOB 202-204
- February 20, 2025: floor debate, House
Votes
- February 20, 2025, House: Inexpedient to Legislate — yeas 209, nays 163, passed
The Docket
- January 9, 2025: Introduced (in recess of) 01/09/2025 and referred to Ways and Means
- January 28, 2025: Public Hearing: 01/28/2025 11:15 am LOB 202-204
- February 4, 2025: Executive Session: 02/04/2025 01:30 pm LOB 202-204
- February 4, 2025: Majority Committee Report: Inexpedient to Legislate 02/04/2025 (Vote 11-9; RC)
- February 7, 2025: Minority Committee Report: Ought to Pass
- February 20, 2025: Inexpedient to Legislate: MA RC 209-163 02/20/2025