HB 617

RELATING TO INCOME TAX

By Representative(s) MCDERMOTT

Keywords: INCOME TAX, MINORS, TAX DEDUCTIONS, TAXATION

Report Title: Income Tax Deduction; Children

Description: Establishes a deduction from gross income equal to 5% of the taxpayers earned income for each of 2 dependents under the age of 5 and a dependent spouse up to 15% but not to exceed $10,000.

 1-22-99        H Introduced and passed First Reading                      
 1-25-99        H Referred to the committee on FIN, referral sheet 3       
 1-19-00        H Carried over to 2000 Regular Session.