On Wednesday, the House passed SB549. This bill will reduce the state’s top income tax rate from 4.9% to 4.7%. It also reduces the corporate income tax rate from 5.3% to 5.1%. The reductions will be retroactive to January 1, 2023.
The House also passed the following bills:
SB396-This bill creates the Social Media Safety Act. It requires age verification for use of social media and parental consent for minors.
SB345-This bill creates the position of dementia services coordinator within the Department of Human Services.
SB476-This bill creates the rural veterinary student scholarship program.
SB390-This bill amends the civil penalties and establishes criminal penalties related to child labor violations.
SB549-This bill transfers revenues to the restricted reserve fund to be used to address food insecurity and health needs.
SB458-This bill removes the May 1 deadline for children of active duty military families to apply for public school choice.
SB511-This bill allows law enforcement to impound a vehicle if the driver committed the offense of drag racing on a public highway for a second time in a five-year period.
SB477-This bill creates a means by which students who qualify for reduced-price meals at school receive free meals at school.
SB505-Establishes a means by which a public school may award a student a high school diploma before graduation if the student is terminally ill and currently in his or her final semester.
The House will reconvene on Thursday at 11 a.m.