Pipeline · Bill → Law
Step 1
Introduced
Feb 15, 2024
Step 2
Referred
Feb 15, 2024
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill allows a refundable income tax credit for 10% of federal tax liability for a taxable year beginning in 2024. The credit is not available to taxpayers whose modified adjusted gross income exceeds $150,000 ($250,000 for joint tax returns) in any taxable year.
Timeline · 2 actions
Feb 15, 2024
Introduced in House
Feb 15, 2024
Referred to the House Committee on Ways and Means.