AN ACT MAKING ADJUSTMENTS TO THE PERSONAL INCOME AND THE EARNED INCOME TAX CREDIT AND CONCERNING THE HUMAN CAPITAL INVESTMENT TAX CREDIT, TAX GAP REPORTING AND THE TAX INCIDENCE REPORT.
To (1) make adjustments to certain personal income tax rates, (2) establish income phase-out thresholds for the personal income tax deductions for pension and annuity income and individual retirement accounts, (3) increase the applicable percentage of the earned income tax credit, (4) expand the tax credit for human capital investment, (5) require the Commissioner of Revenue Services to provide information related to the tax gap, and (6) require additional information to be included in the tax incidence report.
Introduced by:
Finance, Revenue and Bonding Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| Raised Bill [doc] |
Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 4/10/2023 | Public Hearing 04/14 | ||
| 4/6/2023 | Referred to Joint Committee on Finance, Revenue and Bonding |
Co-sponsors of HB-6934
Rep. Eleni Kavros DeGraw, 17th Dist.
Rep. Anthony L. Nolan, 39th Dist.
Rep. Sarah Keitt, 134th Dist.
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