HB521 - INCOME TAX DEDUCTION FOR DEPENDENTS

HB521

INCREASES DEPENDENCY EXEMPTION TO $2,000.

Sponsor:	Cierpiot, Connie J. (52)	Effective Date:00/00/0000
CoSponsor:	Froelker, James V. (111)	LR Number:1158-02
Last Action:	COMMITTEE: WAYS AND MEANS
	02/09/1999 - Public Hearing Held (H)
	HB521
Next Hearing:	Hearing not scheduled
Calendar:	Bill currently not on calendar

ACTIONS	HEARINGS	CALENDAR
BILL SUMMARIES	BILL TEXT	FISCAL NOTES
HOUSE HOME PAGE	BILL SEARCH

Available Bill Summaries for HB521 Copyright(c) * Introduced

Available Bill Text for HB521 * Introduced *

Available Fiscal Notes for HB521 * Introduced *

BILL SUMMARIES

INTRODUCED

HB 521 -- Income Tax Deduction for Dependents

Co-Sponsors:  Cierpiot, Froelker, Hanaway, McClelland

Under current law, taxpayers with dependents are allowed an
individual income tax deduction equal to $1,200 for each
dependent they are allowed to claim on their federal income tax
return.  This bill will increase the deduction to $2,000 for tax
year 1999 and thereafter.

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Last Updated September 30, 1999 at 1:25 pm