House of Representatives

HB 2057

Indian reservations; electricity; tax exemption

Sponsors: Representatives Laughter, Clark, Anderson

F	Committee on Native American Affairs
	Committee on Ways and Means
	Caucus and COW
	Third Read
	As Passed the House

HB 2057 exempts corporations from having to pay taxes for income that is derived from the sale of electricity that is generated on a Native American reservation.

Current Status

HB 2057 failed to pass the Native American Affairs Committee.

Provisions

· Creates an exemption from paying the Transaction Privilege (Sales) Tax for gross income that is derived from the sale of electricity that is generated on a Native American reservation.

· Exempts corporations from having to pay taxes for income that is derived from the sale of electricity that is generated on a Native American reservation.

· Makes technical and conforming changes.

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· 45th Legislature

· Second Regular Session 2 February 1, 2002

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