Creating a new resident tax credit available against the individual income tax, and including applicability provisions

Where it is now

1. ✓
   Done: IntroducedJanuary 29, 2019
2. ✓
   Done: SubcommitteeJanuary 29, 2019
3. ✕
   Stopped: Senate committeeDied when the General Assembly ended
4. Next: Passes the Senate
5. Next: House committee
6. Next: Passes the House
7. Next: To the Governor
8. Next: Signed into law

Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

Senate subcommittee

Named February 19, 2019. It hasn’t reported yet.

• Sen. Jerry Behn R
• Sen. Dan Dawson REmail
• Sen. Pam Jochum D

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

The New Resident Tax Credit is projected to reduce net General Fund revenue and local option surtax for school revenue by the amounts listed in Table 2. 2 * The average and total tax reductions include the local option surtax for schools.

• New Resident Income Tax Credit · March 4, 2019

Reading a fiscal note¹