Provides for an individual income tax exemption for all annual retirement income of individuals sixty-five years of age or older. (8/1/23) (OR -$663,000,000 GF RV See Note)
Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Item #5 and 6) (RE1 DECREASE GF RV See Note)
Increases the individual income tax combined personal exemption and standard deduction. (8/1/23) (OR -$967,000,000 GF RV See Note)
Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts and modifies certain income tax deductions and credits (OR +$19,000,000 GF RV See Note)
Establishes the Next Generation Tax Credit for taxpayers claiming a dependent five years of age or younger (OR -$40,600,000 GF RV See Note)
Provides for the rate of the state sales and use tax and for exemptions, exclusions, credits, and rebates claimed against sales and use taxes; and provides for a flat rate of income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Items #5, 6, and 8) (EN SEE FISC NOTE RV See Note)
Expands the income tax deduction for a dependent minor child to include an unborn child. (1/1/24) (OR -$2,300,000 GF RV See Note)
Provides relative to the net capital gains deduction for individual income tax. (8/1/23) (EN DECREASE GF RV See Note)
Requires taxpayers to file a declaration of estimated tax for certain debts (Items #5 and 11) (OR NO IMPACT See Note)
Modifies the federal income tax deduction for taxpayers impacted by Hurricane Ida. (gov sig) (EN DECREASE GF RV See Note)