IN SB0387 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-01-11 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-01-11 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Individual adjusted gross income tax. Increases the state income tax exemption from $1,000 to $2,500 for an individual, and from $1,000 to $2,500 for each spouse in the case of a joint return. Exempts the first $15,000 of adjusted gross income from the state income tax.
Title
Individual adjusted gross income tax.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-01-11 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2022-01-11 | Senate | Authored by Senator Lanane |