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S03440 Summary:

BILL NOS03440
 
SAME ASSAME AS A02195
 
SPONSORSKOUFIS
 
COSPNSRMAY, SANDERS
 
MLTSPNSR
 
Add Art 32 §§1450 - 1468, Tax L
 
Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.
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