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2001 SESSION

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HB 2249 Individual income tax; distributions to localities.

Introduced by: Barnie K. Day | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Individual income tax; distributions to localities. Provides for the distribution to localities of one percent of the revenues collected annually from the individual income tax based on each taxpayer's residence, beginning January 1, 2002. It also establishes a nonreverting fund into which the revenues are to be deposited before being distributed to localities.


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