HB 693 Income tax, state; adjusts standard deduction for inflation.
Betsy B. Carr | all patrons    ...    notes
| add to my profiles

Summary as introduced:
Standard deduction; adjusted for inflation. Adjusts the individual income tax standard deduction annually beginning with the 2017 taxable year by the percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U), for all items, from July 1 through June 30 for the year immediately preceding the taxable year.

Full text:
01/11/16  House: Prefiled and ordered printed; offered 01/13/16 16102065D  pdf | impact statement

Status:
01/11/16  House: Prefiled and ordered printed; offered 01/13/16 16102065D
01/11/16  House: Referred to Committee on Finance
02/02/16  House: Assigned Finance sub: Subcommittee #1
02/03/16  House: Subcommittee recommends continuing to 2017 by voice vote
02/08/16  House: Continued to 2017 in Finance by voice vote
12/01/16  House: Left in Finance