To cut the state income tax rate from 4.25% to 3.9% starting Jan. 1, 2022; authorize a $500 nonrefundable income tax credit for a taxpayers' dependents who are age 18 and under; and lower from age 67 to age 62 eligibility for certain income tax exemptions on retirement income.
62 Yeas / 42 Nays | |
---|---|
Excused or Not Voting (2) | |
---|---|