HB176 REDUCES ALL INDIVIDUAL INCOME TAX RATES BY 1/2%.
Sponsor: Lograsso, Don (54) Effective Date:00/00/0000
CoSponsor: Berkstresser, Judy (141) LR Number:0350-01
Last Action: COMMITTEE: WAYS AND MEANS
02/09/1999 - Public Hearing Held (H)
HB176
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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BILL SUMMARIES

INTRODUCED

HB 176 -- Income Tax

Co-Sponsors:  Lograsso, Berkstresser, Bartle

This bill lowers the tax percentage rates of the 10 income
brackets used in the computation of individual income tax
liability.  The bill lowers the tax percentage of each income
bracket by 1/2%.  The top rate for taxable income over $9,000
will 5.5% instead of 6%.

This bill contains an emergency clause.
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Last Updated September 30, 1999 at 1:23 pm