Digest: The Act imposes a flat rate income tax. (Flesch Readability Score: 66.1).
Imposes personal income tax at flat rate if a taxpayer has an adjusted gross income below threshold amount. Applies to tax years beginning on or after January 1, 2026.
Takes effect on the 91st day following adjournment sine die.

Statutes affected:
Introduced: 316.037, 316.122, 316.362