Proposed H.B. No. 5310
Session Year 2023


AN ACT ADJUSTING CERTAIN PERSONAL INCOME TAX RATES AND INCOME THRESHOLDS.

To (1) adjust the personal income tax thresholds for taxpayers making less than one hundred seventy-five thousand dollars and reducing the applicable rate to four per cent, and (2) require that income thresholds for personal income tax be indexed to reflect the rate of inflation.


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