SB 176

Chamber: Senate

Sponsor: Bill Eigel

Last Action: 2/6/2023 - Hearing Conducted S Economic Development and Tax Policy Committee

Committee: Economic Development and Tax Policy

Description: Reduces the top rate of income …

Full summary: SB 176 - Beginning with the 2024 calendar year, this act provides that the top rate of income tax may be reduced in 0.1% increments. A reduction shall only occur if net general revenue collections in the previous fiscal year exceed baseline net general… Read more