Filibuster Kills Extension of the $1 Million Small Business Franchise Tax Exemption


Senate Bill 1811 was killed by a late filibuster at the end of the 2011 legislative session.  Among other things, this bill would have extended the $1 million small business franchise tax exemption.  Since the exemption was not extended, a sunset provision in the exemption (originally enacted during the 2009 legislative session) causes the exemption [...]