Income tax, state; eliminating liability. (HB1358)
Introduced By
Del. Michael Webert (R-Marshall)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Eliminating individual income tax liability. Eliminates individual income tax liability starting in taxable year 2020 by reducing to zero the rate that applies to all taxable income. Entities such as trusts and partnerships, which also are taxed under the individual income tax system, would continue to be subject to taxation at the same rates as they are under current law. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/08/2020 | Committee |
| 01/08/2020 | Prefiled and ordered printed; offered 01/08/20 20103855D |
| 01/08/2020 | Referred to Committee on Finance |
| 01/16/2020 | Assigned Finance sub: Subcommittee #1 |
| 01/19/2020 | Impact statement from TAX (HB1358) |
| 02/11/2020 | Left in Finance |