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2006 SESSION

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HB 753 Income tax, state; credit for low-income taxpayers.

Introduced by: A. Donald McEachin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; income tax credit for low-income taxpayers.  Replaces the current income tax credit for low-income taxpayers with a refundable credit equal to 10% of the federal earned income tax credit, effective for taxable years beginning on or after January 1, 2006.


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