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2007 SESSION

• | print version

HB 2439 Income tax, state; provides an age deduction.

Introduced by: Jeffrey M. Frederick | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; age deduction.  Replaces the current age deduction for income tax purposes with a deduction of $7,000 for taxpayers age 62 through 64 and $14,000 for taxpayers age 65 and older whose social security benefits are no more than $3,500, effective for taxable years beginning January 1, 2008. The deduction and benefits amounts are to be indexed annually according to the Consumer Price Index for all Urban Consumers.

FULL TEXT

• 01/09/07  House: Prefiled and ordered printed; offered 01/10/07 078297303  pdf | impact statement

HISTORY

• 01/09/07  House: Prefiled and ordered printed; offered 01/10/07 078297303
• 01/09/07  House: Referred to Committee on Finance
• 01/18/07  House: Assigned Finance sub: #1 (Orrock)
• 02/06/07  House: Left in Finance