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1999 SESSION

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SB 1296 Income tax; standard deduction and personal exemption amounts.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; standard deduction and personal exemption amounts. Increases the standard deduction amount for single individuals from $3,000 to $3,500, and increases the personal exemption amount from $800 to $1,500 for each personal exemption allowed to the taxpayer, beginning January 1, 2000.


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