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1996 SESSION

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HB 1227 Income tax, state; indexing of personal and dependent exemption.

Introduced by: Roger J. McClure | all patrons    ...    notes | add to my profiles

SUMMARY:

Individual income tax; exemption. Provides for the annual indexing of the personal and dependent exemptions based on the percentage change in the CPI-U from October 1 though September 30 of the year immediately preceding the affected taxable year.


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