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2014 Bill(s)
* HCS HB 1253 Sponsor:Berry, T. J. Status: S Ways & Means Description: Phase in a reduction in income taxes on business income and a reduction in corporate taxes based annually on a comparison of individual income tax and corporate income tax collections.
Legislative staff estimate the HCS would cost the state in reduced taxes from $72 million to more than $347 million per year.
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Note: The descriptions of bills, amendments and roll-call votes are written by MDN journalists. MDN's database may not include committee assignments of bills made on the last day of the session since it is too late for the committee to act on the bill and, thus, the delayed assignment has no practical effect.