Jerrauld C. "Jay" Jones
- Democratic
Primary
Refundable income tax credit for low-incometaxpayers. Allows low-income individuals and married personsto claim either (i) a nonrefundable income tax credit equal to $300for each individual, his spouse, and any dependents or (ii) a refundableincome tax credit equal to 20 percent of the federal earned incometax credit claimed that year by the individual or married persons.The provisions of the bill apply to taxable years beginning on andafter January 1, 2020, but before January 1, 2026.
Left in Finance
House committee, floor amendments and substitutes offered
Subcommittee recommends laying on the table (6-Y 1-N)
Assigned Finance sub: Subcommittee #3
Impact statement from TAX (HB1435)
Prefiled and ordered printed; offered 01/08/20 20104026D
Referred to Committee on Finance
| Bill Text Versions | Format |
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| Impact statement from TAX (HB1435) | HTML |
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| No related documents. |
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