SB 731

RELATING TO INCOME TAXATION

By Senator(s) SAKAMOTO; Buen, Bunda, Chun Oakland, Inouye, Matsuura, Tanaka

Keywords: INCOME TAX, TAX ASSESSMENT AND COLLECTION, TAX DEDUCTIONS, TAXATION

Report Title: Income Tax; % Federal

Description: Establishes income tax rate as 1/3 the federal tax liability; conforms standard deduction and personal exemption to IRS Code and repeals certain exemptions to conform.

 1-22-99        S Introduced and passed First Reading                      
 1-25-99        S Referred to WAM                                          
 1-19-00        S Carried over to 2000 Regular Session.