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2007 SESSION

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HB 2577 Income tax, state; provides an age deduction.

Introduced by: Stephen C. Shannon | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; age deduction.  Provides that those taxpayers born after January 1, 1939, and no later than January 1, 1942, who are subject to the means test at age 65 with regard to the $12,000 deduction are allowed a deduction of no less than $6,000 for taxable years beginning on and after January 1, 2008.


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