2020 House Bill 5337

Reduce state income tax rate

Introduced in the House

Jan. 16, 2020

Introduced by Rep. Rodney Wakeman (R-94)

To cut the state income tax from the current 4.25 percent to 3.9 percent starting in 2021, and then gradually phase out the tax over a 39 year period with annual cuts of 0.1 percent.

Referred to the Committee on Tax Policy