Bill
SB 5777
Creating a business and occupation tax deduction and increasing the rate for persons conducting payment card processing activities.
2025-2026 Regular Session
Introduced by John Braun and 2 co-sponsors
Bill increases tax rate for payment card processors while creating a business tax deduction, potentially generating revenue while adjusting B&O tax liability distribution across business sectors.
Public hearing in the Senate Committee on Ways & Means at 4:00 PM.