Income tax, state; increases standard deduction for single and married filers. (SB11)

Introduced By

Sen. David Suetterlein (R-Salem) with support from co-patron Sen. Frank Ruff (R-Clarksville)

Progress

✓	Introduced
✗	Passed Committee
☐	Passed House
☐	Passed Senate
☐	Signed by Governor
☐	Became Law

Description

Income tax; standard deduction. Increases the standard deduction for taxable years 2022 through 2025 from $4,500 to $9,000 for single filers and from $9,000 to $18,000 for married filers (one-half of such amount in the case of a married individual filing a separate return). As provided under current law, starting with taxable year 2026, the standard deduction will decrease to $3,000 for single filers and to $6,000 for married filers. Read the Bill »

Outcome

Bill Has Failed

History

Date	Action
12/08/2021	Prefiled and ordered printed; offered 01/12/22 22100628D
12/08/2021	Referred to Committee on Finance and Appropriations
01/23/2022	Impact statement from TAX (SB11)
02/08/2022	Continued to 2023 in Finance and Appropriations (11-Y 3-N 1-A) (see vote tally)
11/21/2022	Left in Finance and Appropriations