Relating to revenue; and prescribing an effective date.
About This Bill
Latest Action · Aug 13, 2025
Chapter 562, (2025 Laws): Effective date September 26, 2025.
Session
2025R1
Introduced
Jan 13, 2025
Summary
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</b> </i>] [<i>Requires the Legislative Revenue Officer to study the personal income tax system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2026.</i>] <b>Extends sunsets for certain tax credits and exemptions. Increases allowed amounts and statewide caps and otherwise modifies certain tax credits and exemptions. Takes effect on the 91st day following adjournment sine die.</b>