SENATE BILL 788

File Code: Income

Sponsored By:

Senator Haines

Entitled:

Income Tax - Reduction

Synopsis:

Reducing the top marginal State income tax rate on individuals to 4.75% for tax year 1998, 4.5% for tax year 1999, and 4.25% for tax years after 1999; altering the calculation of the county income tax; etc.

Legislative History

Senate Action

1/31

First Reading Budget and Taxation

2/5

Hearing 2/19 at 1:30 p.m.

3/28

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

COUNTIES -see also- CHARTERED COUNTIES; CODE COUNTIES

INCOME TAX

Bill affects the following Statutes:

Tax - General

( 10-102.1 , 10-103 , 10-105 , 10-106 , 10-106 , 10-604 , 10-706 , 10-908 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)