SB 470 Modifies the individual income tax rates
Sponsor: Ridgeway
LR Number: 2118S.01I Fiscal Note:
Committee: Ways and Means
Last Action: 2/26/2009 - Second Read and Referred S Ways and Means Committee Journal Page: S425
Title: Calendar Position:
Effective Date: August 28, 2009

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Current Bill Summary


SB 470 - Under current law, any amount of individual taxable income above nine thousand dollars is taxed at a rate of six percent. This act modifies the tax table by lowering the highest rate of tax to four percent of taxable income in excess of five thousand dollars.

JASON ZAMKUS