SB 748
Requires property taxes paid by certain non-resident taxpayers to be added-back to adjusted gross income
Sponsor:
LR Number:
3499S.01P
Committee:
Last Action:
6/23/2008 - Signed by Lt. Governor (Acting Governor)
Journal Page:
Title:
Calendar Position:
Effective Date:
Emergency Clause
House Handler:

Current Bill Summary

SB 748 - Under current law, a non-resident income taxpayer must add any amount of property taxes paid to another state back into adjusted gross income. This act would only require non-resident taxpayers to add-back property taxes paid to adjusted gross income, if the property is located in another state, political subdivision of a state or the District of Columbia, which does not allow a similar subtraction from income for property taxes paid to this state.

This act contains an emergency clause.

JASON ZAMKUS

Amendments