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House Bill 1419


House Bill 1419

ARCHIVE (2013)

Latest Information

 

DIGEST OF INTRODUCED BILL


Personal exemptions. Doubles the exemption amounts for the following: (1) The taxpayer, or the taxpayer and the taxpayer's spouse in the case of a married couple filing a joint return. (2) A taxpayer's dependents. (3) Taxpayers who are at least 65 years of age or blind. (4) The spouse of the taxpayer, if a separate return is made by the taxpayer, the spouse has no gross income, and the spouse is not the dependent of any other taxpayer. (5) Dependent children who are under the age of 19 or students under the age of 24. (6) Taxpayers who are at least 65 years of age and have adjusted gross income of less than $40,000.
Current Status:
 In Committee - first House
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