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HB 1235 IN

Reduction of the individual income tax rate.

IN · session 2022 · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 6, 2022

Latest action (Jan 6, 2022) First reading: referred to Committee on Ways and Means

Summary

For taxable years beginning after December 31, 2021, reduces the state individual adjusted gross income tax rate from 3.23% to 2.15%.

Sponsor (1)
3 coauthors / cosponsors

Action history (3)
  1. Jan 6, 2022 Coauthored by Representatives Prescott, Lucas, Jeter · lower
  2. Jan 6, 2022 Authored by Representative Payne · lower
  3. Jan 6, 2022 First reading: referred to Committee on Ways and Means · lower
Subjects
INCOME TAXES, Adjusted Gross Income Taxes

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 5, 2022 · PDF

Full text

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