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2023 SESSION

• | print version

HB 2406 Income tax, state; deductions for businesses.

Introduced by: Joseph P. McNamara | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Individual income tax; deductions for businesses. Provides an individual income tax deduction for 50 percent of the amount of qualified business income deductible for federal income tax purposes, but excluding the amount of qualified REIT dividends deductible under the same provision of the Internal Revenue Code.

FULL TEXT

• 01/17/23  House: Presented and ordered printed 23101009D  pdf | impact statement

HISTORY

• 01/17/23  House: Presented and ordered printed 23101009D
• 01/17/23  House: Referred to Committee on Finance
• 01/19/23  House: Assigned Finance sub: Subcommittee #1
• 02/07/23  House: Left in Finance