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2006 SESSION

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HB 394 Income tax, state; credit for low-income taxpayers.

Introduced by: David L. Englin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; tax credit for low-income renters.  Provides an income tax credit for taxable years beginning on or after January 1, 2007, for certain low-income individuals and persons filing joint returns in an amount equal to 25% of their annual housing rental expenses up to an amount equal to 6% of the federal poverty guidelines.


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