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2014 Bill(s)
*
HCS HB 1253
Sponsor:
Berry, T. J.
Status:
S Ways & Means
Description:
Phase in a reduction in income taxes on business income and a reduction in corporate taxes based annually on a comparison of individual income tax and corporate income tax collections. Legislative staff estimate the HCS would cost the state in reduced taxes from $72 million to more than $347 million per year.
See:
House roll call - HCS HB 1253 (02/20/2014)
: 3rd reading of a bill to cut business taxes and personal income taxes on income from businesses.
House roll call - HCS HB 1253 (02/19/2014)
: Perfection of a bill to cut business taxes and personal income taxes on income from business.
The Fiscal Note(s)
Official legislative description and status
Note: The descriptions of bills, amendments and roll-call votes are written by MDN journalists. MDN's database may not include committee assignments of bills made on the last day of the session since it is too late for the committee to act on the bill and, thus, the delayed assignment has no practical effect.