2002 Senate Bill 1422

House Roll Call 1244: Passed

To clarify what is included and excluded from the gross receipts of a firm for purposes of calculating its single business tax liability. This applies to things like trade discounts, refunds, proceeds from the sale of short term securities, certain insurance claim proceeds, etc.

90 Yeas / 15 Nays
Republican (54 Yeas / 1 Nay)
Democrat (36 Yeas / 14 Nays)
Excused or Not Voting (5)