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2001 SESSION
HB 2 Income tax; distribution of revenues to localities.
Introduced by: Phillip A. Hamilton | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; distribution of income tax revenues to localities. Provides for a percentage of individual income tax revenues to be returned to localities, based on the taxpayer’s residence, beginning in 2001. The percentage amount in 2001 and thereafter is five percent of the income tax revenues collected in taxable year 2000 and each taxable year thereafter.
FULL TEXT
HISTORY
- 01/12/00 House: Presented & ordered printed, prefiled 11/14/99 004501760
- 01/12/00 House: Referred to Committee on Finance
- 01/18/00 House: Assigned to Finance sub-committee: 2
- 02/13/00 House: Continued to 2001 in Finance (23-Y 0-N)
- 11/13/00 House: Tabled in Finance (17-Y 1-N)