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

DateAction
01/08/2020Committee
01/08/2020Prefiled and ordered printed; offered 01/08/20 20103855D
01/08/2020Referred to Committee on Finance
01/16/2020Assigned Finance sub: Subcommittee #1
01/19/2020Impact statement from TAX (HB1358)
02/11/2020Left in Finance

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