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IntroducedJan 11, 2021
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Passed Senate
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Passed House
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Signed into Law
Income tax, state; rate increase, funding for schools and law-enforcement officer salaries. Income tax; rate increase; funding for schools and law-enforcement officer salaries. Increases from 5.75 percent to 5.9 percent the income tax rate on income over $150,000. Under current law, the top marginal rate of 5.75 percent applies to income over $17,000. The rate change applies starting with taxable year 2021. The bill requires revenue from the increase to be appropriated for nonrecurring capital expenditures of school divisions and salary increases for state and state-supported law-enforcement officers.
Last Action See all actions
Senate • Feb 06, 2021: Left in Finance and Appropriations
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on SB 1286
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- Feb 06, 2021 | Senate
- Left in Finance and Appropriations
- Jan 11, 2021 | Senate
- Prefiled and ordered printed; offered 01/13/21 21101675D
- Referred to Committee on Finance and Appropriations