AN ACT RELATING TO TAXATION -- SURPLUS FUNDS TAX CREDIT ACT
Summary
Mandates that any surplus state tax revenue received in any fiscal year be refunded to the taxpayers of this state on a proportional basis in relation to the personal income tax liability incurred by the taxpayers in that fiscal year.
Bill status
died
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2024
Last action Apr 11, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
1
Committee
2
Apr 11, 2024
Committee
04/11/2024 Committee recommended measure be held for further study
legislature
Mar 22, 2024
Legislature · Passed
03/22/2024 Committee postponed at request of sponsor (03/28/2024)
legislature
Feb 7, 2024
Introduced
02/07/2024 Introduced, referred to House Finance
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bob Quattrocchi
RRepublican
P
Brian Rea
RRepublican
P
George Nardone
RRepublican
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