Posted: | May 25, 2022 01:57 PM |
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From: | Representative Michael Peifer |
To: | All House members |
Subject: | Clarifying the calculation of Bank and Trust Company Shares Tax |
In the near future, I plan to introduce legislation to clarify the determination of a bank's book value of total bank equity capital, the basis upon which the Bank Shares Tax is levied, following the merger or acquisition of a holding company. SEE ATTACHED MEMO! I respectfully ask for your consideration to join me as a co-sponsor of this essential legislation. |
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Introduced as HB2645