Key Votes
HB 1189 - Corporate Income Tax Reductions - Key Vote
North Dakota Key Votes
Stages
Family
Issues
Stage Details
Legislation - Bill Failed (Senate) (0-46) - March 30, 2011
Title: Corporate Income Tax Reductions
Legislation - Bill Passed (House) (72-22) - Feb. 15, 2011 (Key vote)
Title: Corporate Income Tax Reductions
Vote Smart's Synopsis:
Vote to pass a bill that reduces taxes on domestic and foreign corporations for taxable years beginning after December 31, 2010.
Highlights:
-Restructures the income tax rates for domestic and foreign corporations as follows (Sec. 1):
- -Exempts from taxation the first $75,000 of taxable income; and
-Sets a tax rate of 4.9 percent for all taxable income in excess of $75,000.
Note:
NOTE: THIS IS A SECOND READING VOTE TO END DEBATE ON THE BILL AND ADVANCE IT TO THE THIRD READING IN WHICH AN UP-OR-DOWN VOTE FOR PASSAGE WILL OCCUR ONLY IF VOTES CHANGE OR THE THIRD READING OCCURS ON A DIFFERENT LEGISLATIVE DAY.
Legislation - Introduced (House) - Jan. 7, 2011
Title: Corporate Income Tax Reductions
Sponsors
- Craig Headland (ND - R)
- David Hogue (ND - R)
- James M. 'Jim' Kasper (ND - R)
- Joe Miller (ND - R)
- Mike Nathe (ND - R)
- Dave A. Weiler (ND - R) (Out Of Office)
