SB0127

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Income Tax - Elimination of the Marriage Penalty

Sponsored by:

Senator Serafini

Status:

In the Senate - Hearing 2/03 at 2:00 p.m.


Synopsis: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, 2015; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Serafini
Additional Facts:Cross-filed with: HB0315
Introduced in a prior session as: SB0769 Session: 2014 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Exemptions
Income Tax
Marriage
Statutes:Article - Tax - General
(10-105, 10-211)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 5:07 P.M.