2005 House Bill 4342

House Roll Call 646: Passed

To reduce but not eliminate the Single Business Tax (SBT) that businesses pay on their employee health insurance costs. Because the SBT is a value added tax, offering health insurance to employees raises a firm’s SBT tax liability. The bill would tax firms on 40 percent of their health care costs beginning in 2009.

106 Yeas / 0 Nays
Republican (57 Yeas / 0 Nays)
Democrat (49 Yeas / 0 Nays)
Excused or Not Voting (4)