2022 Archives
You are viewing archived information from 2022
| Measure Title: |
RELATING TO TAXATION.
|
| Report Title: |
Taxation; Personal Income Tax; Capital Gains; Corporate Tax; Unemployment Benefits
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| Description: |
Increases personal income tax revenues for high earning taxpayers by establishing new income tax brackets and rates that are applied against a broader level of taxable income for taxable years beginning after 12/31/2021. Increases the tax on capital gains. Increases the corporate income tax and establishes a single corporate income tax rate. Exempts unemployment payments from the State's personal income tax from 1/1/2022.
|
| Companion: |
SB2242
|
| Package: |
Working Families Legislative Caucus
|
| Current Referral: |
ECD, FIN
|
| Introducer(s): |
KAPELA, GANADEN, HASHEM, ICHIYAMA, ILAGAN, LOWEN, MARTEN, PERRUSO, TAKUMI, TARNAS, TODD
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| Act: |
|
| Sort by Date | | Status Text |
| 1/26/2022 | H | Referred to ECD, FIN, referral sheet 1 |
| 1/19/2022 | H | Introduced and Pass First Reading. |
| 1/18/2022 | H | Prefiled. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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HB1505
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