Legislation

Title: Income Tax - Elimination of the Marriage Penalty
Sponsored by: Senators Getty, Brinkley, Colburn, Edwards, Jacobs, Jennings, Kittleman, Shank, and Simonaire
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

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, 2013; etc.

Committees

Original:: Budget and Taxation

Details

Cross-filed with: HB0448

Bill File Type: Regular

Effective Date(s): July 1, 2014

History

Legislation History
Chamber Senate Calendar Date 1/31/2014 Legislative Date 1/31/2014 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/05/2014 Legislative Date 2/05/2014 Action Hearing 3/07 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/26/2014 Legislative Date 2/26/2014 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 2/26/2014 Legislative Date 2/26/2014 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/10/2014 Legislative Date 3/10/2014 Action Unfavorable Report by Budget and Taxation; Withdrawn Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/31/2014	1/31/2014	First Reading Budget and Taxation
Senate	2/05/2014	2/05/2014	Hearing 3/07 at 1:00 p.m.
Senate	2/26/2014	2/26/2014	Hearing cancelled
Senate	2/26/2014	2/26/2014	Hearing 3/06 at 1:00 p.m.
Senate	3/10/2014	3/10/2014	Unfavorable Report by Budget and Taxation; Withdrawn

Documents

Date Posted	Document Name
2/04/2014	Text - First - Income Tax - Elimination of the Marriage Penalty

File Code

Subjects

Statutes