Income tax, state; reduction of top marginal rate. (HB1189)
Introduced By
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Individual income tax; reduction of top marginal rate. Reduces the top marginal individual income tax rate from 5.75 percent on income in excess of $17,000 to five percent on income in excess of $5,000 beginning with taxable year 2019. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/10/2018 | Committee |
| 01/10/2018 | Prefiled and ordered printed; offered 01/10/18 18102892D |
| 01/10/2018 | Referred to Committee on Finance |
| 01/23/2018 | Assigned Finance sub: Subcommittee #2 |
| 01/23/2018 | Impact statement from TAX (HB1189) |
| 01/31/2018 | Subcommittee recommends passing by indefinitely (4-Y 1-N) |
| 02/13/2018 | Left in Finance |