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2020 SESSION

• | print version

HB 1358 Income tax, state; eliminating liability.

Introduced by: Michael J. Webert | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Eliminating individual income tax liability. Eliminates individual income tax liability starting in taxable year 2020 by reducing to zero the rate that applies to all taxable income. Entities such as trusts and partnerships, which also are taxed under the individual income tax system, would continue to be subject to taxation at the same rates as they are under current law.

FULL TEXT

• 01/08/20  House: Prefiled and ordered printed; offered 01/08/20 20103855D  pdf | impact statement

HISTORY

• 01/08/20  House: Prefiled and ordered printed; offered 01/08/20 20103855D
• 01/08/20  House: Referred to Committee on Finance
• 01/16/20  House: Assigned Finance sub: Subcommittee #1
• 02/11/20  House: Left in Finance