August 10 – Special Session
With a vote of 81-14, the House passed HB1002. HB1002 accelerates the implementation of income and corporate tax cuts which were scheduled to become effective incrementally over the next three years. If enacted, the top income tax rate would drop from 5.5% to 4.9%. HB1002 would make the reduction retroactive to January 1, 2022. Corporate [...]