2017 Senate Bill 296

Impose graduated income tax

Introduced in the Senate

March 30, 2017

Introduced by Sen. Rebekah Warren (D-18)

To increase the amount of personal and dependent exemptions in the state income tax, change the inflation adjustment methodology for these, and phase the exemptions out as income increases, which is all part of the proposal in Senate Bill 295 impose a graduated state income tax ranging from 3 percent to 10 percent.

Referred to the Committee on Finance