* HCS HB 64 Sponsor:Lipke, Scott Status: S Ways & Means Description: Increase the income tax rate and exempt the first $3,000 of income from the state income tax. The HCS increases personal and dependent deductions. Legislative staff estimate the original bill would cost the state more than $100 million in tax collections. The HCS would cost up $366 million, according to legislative staff.
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Note: The descriptions of bills, amendments and roll-call votes are written by MDN journalists. MDN's database may not include committee assignments of bills made on the last day of the session since it is too late for the committee to act on the bill and, thus, the delayed assignment has no practical effect.