AN ACT RELATING TO TAXATION -- SURPLUS FUNDS TAX CREDIT ACT
Summary
Mandates that any surplus state tax revenue received in any fiscal year would 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
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 31, 2025
Last action May 29, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
May 29, 2025
Committee
05/29/2025 Committee recommended measure be held for further study
legislature
Jan 31, 2025
Introduced
01/31/2025 Introduced, referred to Senate Finance
upper
5 primary · 0 co-sponsors
Sponsors
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