SB 1069 Exempts federal tax rebates from state income tax
Sponsor: Coleman
LR Number: 4819S.01I Fiscal Note: 4819-01
Committee: Ways & Means
Last Action: 4/9/2008 - Hearing Conducted S Ways & Means Committee Journal Page:
Title: Calendar Position:
Effective Date: Emergency

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Current Bill Summary

SB 1069 - This act authorizes a one-time income tax deduction, for tax year 2009, equal to the amount of tax rebate received by a taxpayer from the federal government as part of an economic stimulus package.

The act contains an emergency clause.