An Act Reducing Certain Personal Income Tax Marginal Rates.

Introduced on 2/9/26

Version 1 Text

Summary

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From the Legislature

To reduce the two lowest marginal rates for the personal income tax from (1) two per cent to zero, and (2) from four and one-half per cent to three per cent, for taxpayers with adjusted gross income of less than one hundred thousand dollars for single filers and less than two hundred thousand dollars for married individuals filing jointly.

Sponsors

0
12
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Democratic CaucusRepublican Caucus

Roll Call Votes

FIN Vote Tally Sheet (Reserved for Subject Matter Public Hearing)

Passed

Calendar

Feb 27

12:00 AM

Finance, Revenue and Bonding Public Hearing