To provide the equivalent of a 6-month Federal income tax holiday for certain individuals.
Summary
This bill reduces the income tax of individual taxpayers for taxable years beginning after December 31, 2021, by the six-month federal income tax holiday amount. That amount is 50% of the income tax otherwise imposed and is phased out based upon taxpayer adjusted gross income.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2022
Committee Review
Floor Vote
President
Introduced Apr 18, 2022
Last action Apr 27, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 18, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Apr 18, 2022
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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