Legislation

Title: Income Tax - Standard Deduction - Inflation Adjustment
Sponsored by: Senators Eckardt, Bates, Edwards, Guzzone, Hershey, Hough, Jennings, Madaleno, and Serafini
Status: In the House - First Reading House Rules and Executive Nominations
Analysis: Fiscal and Policy Note

Synopsis

Increasing the minimum and maximum limitation amounts of the standard deduction allowed under the State income tax for taxable years beginning after December 31, 2018, by a certain cost-of-living adjustment.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Rules and Executive Nominations

Details

Introduced in a prior session as: SB0237 Session: 2017 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 2/05/2018 Legislative Date 2/05/2018 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Standard Deduction - Inflation Adjustment Proceedings
Chamber Senate Calendar Date 2/07/2018 Legislative Date 2/07/2018 Action Hearing 3/07 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2018 Legislative Date 3/29/2018 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/29/2018 Legislative Date 3/26/2018 Action Favorable Adopted Proceedings 57 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2018 Legislative Date 3/26/2018 Action Second Reading Passed Proceedings 57 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Standard Deduction - Inflation Adjustment Proceedings
Chamber Senate Calendar Date 3/30/2018 Legislative Date 3/27/2018 Action Third Reading Passed (46-0) Proceedings 58 Click to view Recorded Media
Chamber House Calendar Date 4/02/2018 Legislative Date 3/24/2018 Action Referred Rules and Executive Nominations Proceedings 58 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2018	2/05/2018	First Reading Budget and Taxation
			Text - First - Income Tax - Standard Deduction - Inflation Adjustment
Senate	2/07/2018	2/07/2018	Hearing 3/07 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/29/2018	3/29/2018	Favorable Report by Budget and Taxation
Senate	3/29/2018	3/26/2018	Favorable Adopted	57 Click to view Recorded Media
Senate	3/29/2018	3/26/2018	Second Reading Passed	57 Click to view Recorded Media
			Text - Third - Income Tax - Standard Deduction - Inflation Adjustment
Senate	3/30/2018	3/27/2018	Third Reading Passed (46-0)	58 Click to view Recorded Media
House	4/02/2018	3/24/2018	Referred Rules and Executive Nominations	58 Click to view Recorded Media

File Code

Subjects

Statutes