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• Introduced by Rep. Mickey Mortimer (R) on February 28, 2002, to make contributions to, interest on, and qualified distributions from the worker financial security accounts proposed by House Bill 5964 deductible from state income tax. Annual contributions up to $5,000 would be deductable from income used to compute the state income tax.
  • Referred to the House Tax Policy Committee on February 28, 2002.
  • Substitute offered in the House on May 15, 2002, to replace the previous version of the bill with one recommended by the committee which reported it. The substitute incorporates minor or technical changes resulting from committee testimony and deliberation. These do not affect the substance as previously described. The substitute passed in the House by voice vote on May 15, 2002.