SB 870 – Eliminates the bottom two income tax brackets

• Sponsor: Eigel
• LR Number: 3759S.01I
• Committee: Ways and Means
• Last Action: 2/17/2022 - Hearing Cancelled S Ways and Means Committee
• Effective Date: August 28, 2022

Current Bill Summary

SB 870 - For all tax years beginning on or after January 1, 2023, this act provides that there shall be no tax on a taxable income of less than two thousand dollars, as adjusted under current law.

This act is identical to SB 615 (2021).

JOSH NORBERG

Amendments

No Amendments Found.