2009 House Bill 4877

Introduced in the House

May 5, 2009

Introduced by Rep. Tom McMillin (R-45)

To cut the state income tax rate from 4.35 percent to 4.25 percent on Oct. 1, 2009. Under current law the rate is supposed to fall by 0.1 percent each year starting on Oct. 1, 2011, until it reaches 3.9 percent.

Referred to the Committee on Tax Policy