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2021 HB 5040: An Act Concerning Certain Adjustments For Seniors To Personal Income Tax Deductions.

To require that, for seniors, (1) qualifying income thresholds for personal income tax deductions be adjusted for inflation, and (2) income from individual retirement accounts that is currently taxable be exempt from the personal income tax.

Sponsors

  • Buckbee, Bill

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2021-01-11

Behind the Bill