SB385:

License taxes, local; limitation of authority.

Bill Summary:

Local license taxes; limitation of authority. Prohibits a locality from imposing a license tax on a director of a bank or trust company that is subject to the bank franchise tax. This bill is identical to HB 1084.

Bill Patron: McDougle

Last Action(s):
(House) Signed by Speaker March 2, 2022
(Senate) Enrolled Bill Communicated to Governor on March 11, 2022 March 11, 2022
(Governor) Acts of Assembly Chapter text (CHAP0660)

Bill Status:
Passed House
Passed Senate

Approved