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1997 SESSION
HB 1410 Local income taxes; increased due to reduced real estate tax.
Introduced by: Mitchell Van Yahres | all patrons ... notes | add to my profiles
SUMMARY:
Local income taxes. Allows counties and cities to impose a local income tax at the rate of one percent in addition to the applicable state income tax rate with a reduction in the local real estate tax rate to offset the amount of local income tax revenues collected. The bill also eliminates the five-year expiration of authority to levy the tax.
FULL TEXT
HISTORY
- 01/22/96 House: Presented & ordered printed 963172480
- 01/22/96 House: Referred to Committee on Finance
- 01/24/96 House: Assigned to Finance sub-committee: 1
- 02/09/96 House: Continued to 1997 in Finance (22-Y 0-N)
- 12/20/96 House: No action taken by Finance by voice vote