HB732 INCREASES DEPENDENCY EXEMPTION TO $2,100.
Sponsor: Kelley, Pat (47) Effective Date:00/00/0000
CoSponsor: Long, Beth L. (146) LR Number:1578-01
Last Action: COMMITTEE: WAYS AND MEANS
03/09/1999 - Public Hearing Held (H)
HB732
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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BILL SUMMARIES

INTRODUCED

HB 732 -- Income Tax Deduction for Dependents

Co-Sponsors:  Kelley (47), Long

Under current law, individual income taxpayers can deduct on
their state income tax return $1,200 for each dependent allowed
on the federal income tax return.  This bill increases the
deduction to $2,100 for tax year 1999 and thereafter.


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