Introduced by Representative Larson of Burlington
Subject: Taxation; corporate income tax; repeal of rate reduction
Statement of purpose: This bill proposes to leave in place the corporate income tax rate reductions which begin in 2006, but to repeal the further rate reductions which begin in 2007.
AN ACT RELATING TO REPEAL OF CORPORATE INCOME TAX RATE REDUCTION
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. REPEAL
Secs. 4 and 23(4) of No. 152 of the Acts of the 2003 Adj. Sess. (2004) (relating to reduction of corporate income tax rates for 2007 and after) are repealed.
The Vermont General Assembly
115 State Street