IN HB1235 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 6 2022 - 25% progression, died in committee
Action: 2022-01-06 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2022 - 25% progression, died in committee
Action: 2022-01-06 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Reduction of the individual income tax rate. For taxable years beginning after December 31, 2021, reduces the state individual adjusted gross income tax rate from 3.23% to 2.15%.
Title
Reduction of the individual income tax rate.
Sponsors
Rep. Zach Payne [R] | Rep. John Prescott [R] | Rep. Jim Lucas [R] | Rep. Chris Jeter [R] |
History
Date | Chamber | Action |
---|---|---|
2022-01-06 | House | First reading: referred to Committee on Ways and Means |
2022-01-06 | House | Coauthored by Representatives Prescott, Lucas, Jeter |
2022-01-06 | House | Authored by Representative Payne |