Introduced
by
To push-back the April 15 or April 30, 2021 deadlines for filing state income tax returns and payments to May 17 and June 1, respectively.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 108 to 1 (details)
Referred to the Committee on Finance
Substitute offered
by
To revise the state income tax law to authorize a $500 per household "inflation relief payment" plus an extra $100 per dependent, which would be given to households that filed a state income tax return for 2021. This House-passed bill is part of a larger Republican income tax cut proposal represented by the "S-1" version of this same bill passed by the state Senate on the same day, which the House is expected to approve with some amendments.
The substitute failed 14 to 22 (details)
Passed in the Senate 22 to 14 (details)
To cut the state income tax rate for individuals from 4.25% to 4.0%; authorize a $500 nonrefundable child tax credit; increase the amount the state adds on to a refundable federal earned income tax credit for low income households that owe no taxes, from 6% to 20% of the federal amount; increase the income tax exemption for individuals age 67 and above from $20,000 to $21,800; authorize tax credits for disabled veterans, and more. The Senate Fiscal Agency estimates the bill would save taxpayers around $2.5 billion annually.
Motion
by
That the bill be given immediate effect.
The motion failed 22 to 14 (details)
Amendment offered
by
To revise eligibility for the proposed $500 "inflation relief payment" from taxpayers with less than $250,000 in household income to $125,000.
The amendment failed by voice vote
Substitute offered
by
To adopt a version of the bill that reflects Democratic caucus preferences.
The substitute failed by voice vote
Passed in the House 69 to 34 (details)
To revise the state income tax law to authorize a $500 per household "inflation relief payment" plus an extra $100 per dependent, which would be given to households that filed a state income tax return for 2021. This House-passed bill is part of a larger Republican income tax cut proposal represented by the "S-1" version of this same bill passed by the state Senate on the same day, which the House is expected to approve with some amendments.
Referred to the Committee on Tax Policy