2003 Senate Bill 852 ↩

House Roll Call 801: Passed

To increase from 3.9 percent to 4.00 percent the state income tax rate for the period Jan. 1, 2004 until July 1, 2004. After July 1, the rate will drop to 3.9 percent. Under current law, the rate is 3.9 percent beginning Jan. 1, 2004. The bill is tie-barred to Senate Bills 672 and 673, which eliminate half of the Single Business Tax businesses pay on their employee health insurance costs. See also House Bill 4367 and Senate Bill 556.