2014 House Bill 5266

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Introduced in the House

Jan. 29, 2014

Introduced by Rep. Tim Kelly (R-94)

To cut the state income tax to 4.05 percent starting in 2016. House Bill 5265 cuts the current 4.25 percent rate to 4.15 percent on Oct. 1. 2014. House Bill 5266 authorizes future cuts contingent on state revenue collections meeting specified annual targets.

Referred to the Committee on Tax Policy

Feb. 19, 2014

Reported without amendment

Without amendment and with the recommendation that the bill pass.