Introduced
by
To postpone for two-years a one-tenth percent income tax cut scheduled for 2004, leaving the tax rate at four-percent until 2006, rather than cutting it to 3.9 percent in 2004 as is currently required by statute. The bill would cut the rate another .05 percent in 2008, and a further .05 percent in 2010.
Referred to the Committee on Tax Policy