Reducing the State income tax rates imposed on married couples filing a joint income tax return and for specified individuals with income between $150,000 and $500,000; increasing the amount allowed as a deduction for specified exemptions for married couples and specified individuals to twice the amount allowed as a deduction for specified individuals; applying the Act to taxable years beginning after December 31, 2013; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2014
|Date Posted||Document Name|
|2/04/2014||Text - First - Income Tax - Elimination of the Marriage Penalty|
( 10-105, 10-211 )
Last Updated: 2/3/2020 2:29 PM