SB 0334 Raises dependency exemption to $600; over 65 - $2,000
Sponsor:SCHNEIDER
Committee:WAMELR Number:S1224.02I
Last Action:02/14/95 - Hearing Conducted S Ways & Means Committee
Title:
Effective Date:August 28, 1995
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Current Bill Summary

SB 334 - This act would raise the dependency exemption deduction from $400 to $600 beginning with the 1996 tax year. Also beginning in 1996, the dependency exemption deduction for elderly adult dependents over 65 is increased to $2,000.
TOM CRAWFORD