H 563 - Reduces Income Tax Rates - Idaho Key Vote

Timeline

Related Issues

Stage Details

See How Your Politicians Voted

Title: Reduces Income Tax Rates

Vote Smart's Synopsis:

Vote to pass a bill that reduces certain income tax rates.

Highlights:

  • Reduces the income tax for individuals, trusts, and estates with Idaho taxable incomes of more than $20,000 from $1,308 plus 7.8 percent of the amount over $20,000 to $383 plus 7.4 percent of the amount over $20,000 (Sec. 1).
  • Reduces the income tax for corporations from 7.6 to 7.4 percent (Sec. 2).

See How Your Politicians Voted

Title: Reduces Income Tax Rates

Vote Smart's Synopsis:

Vote to pass a bill that reduces certain income tax rates.

Highlights:

  • Reduces the income tax for individuals, trusts, and estates with Idaho taxable incomes of more than $20,000 from $1,308 plus 7.8 percent of the amount over $20,000 to $383 plus 7.4 percent of the amount over $20,000 (Sec. 1).
  • Reduces the income tax for corporations from 7.6 to 7.4 percent (Sec. 2).

Committee Sponsors

arrow_upward