Bill Title: Relating to corporate income tax deductions, providing business interest expense deduction limitations, to provide a deduction equal to the business interest expense disallowed on the federal income tax return as a result of 26 U.S.C. Section 163 (j), Sec. 40-18-39.1 repealed.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2022-03-01 - Read for the first time and referred to the House of Representatives committee on Ways and Means Education [HB418 Detail]

Text: Latest bill text (Introduced) [PDF]

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