2009 House Bill 5420

Increase income tax collection authorized under current statute

Introduced in the House

Sept. 17, 2009

Introduced by Rep. Mark Meadows (D-69)

To suspend the annual inflation-indexed increase in the personal exemption allowed under state income tax for the 2009 tax year. Also, to impose the 4.35 state income tax on “expenses incurred in the production of income” that is not subject to the income tax.

Referred to the Committee on Tax Policy