SB 597 – Modifies income tax brackets and rates

• Sponsor: Moon
• LR Number: 2783S.01I
• Committee: Ways and Means
• Last Action: 5/6/2021 - Hearing Cancelled S Ways and Means Committee
• Effective Date: August 28, 2021

Current Bill Summary

SB 597 - This act modifies the income tax rate brackets and tax rates by reducing the number of brackets from ten to two, and by changing the tax rates to formulas, as described in the act.

This act is substantially similar to HB 1133 (2019).

JOSH NORBERG

Amendments

No Amendments Found.