An Act allowing for the deduction of business interest
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1941) of Bruce E. Tarr for legislation to allow for the deduction of business interest. Revenue.
Bill Information
Bill Information
- Presenter:
- Bruce E. Tarr
Emergency Preamble
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to decouple from certain provisions of the federal Tax Cuts and Jobs Act that took effect for tax years beginning after December 31, 2017, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
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