Legislation - HB0614

Title: Local Earned Income Tax Credit - Calculation - County Income Tax Rate
Sponsored by: Chair, Ways and Means Committee (By Request - Office of the Comptroller)
Status: In the House - Hearing 2/06 at 1:00 p.m.
Analysis

Synopsis

Clarifying that a county's lowest marginal income tax rate is the tax rate used to calculate the local earned income tax credit that certain individuals may claim against the county income tax; and applying the Act to all taxable years beginning after December 31, 2024.

Committees

Original:: Ways and Means

Details

Bill File Type: Regular

Effective Date(s): July 1, 2025

History

Legislation History
Chamber House Calendar Date 1/23/2025 Legislative Date 1/23/2025 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Local Earned Income Tax Credit - Calculation - County Income Tax Rate Proceedings
Chamber House Calendar Date 1/23/2025 Legislative Date 1/23/2025 Action Hearing 2/06 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/23/2025	1/23/2025	First Reading Ways and Means
			Text - First - Local Earned Income Tax Credit - Calculation - County Income Tax Rate
House	1/23/2025	1/23/2025	Hearing 2/06 at 1:00 p.m.

File Code

Subjects

Statutes