31st Legislature, 2021
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Floor session convene times for Thursday, March 4, 2021:
Senate: 11:30 a.m. | House of Representatives: 12:00 p.m.
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SB56       (?)


Measure Title: RELATING TO REVENUE GENERATION.
Report Title: Revenue Generation; Personal Income Tax; Corporate Income Tax; Capital Gains; General Excise Tax Exemptions; Conveyance Tax
Description: Increases the personal income tax rate and implements a rate recapture mechanism that phases out lower tax brackets for high earners for taxable years beginning after 12/31/2020. Increases the tax on capital gains. Increases the corporate income tax and establishes a single corporate income tax rate. From 7/1/2021 through 6/30/23, temporarily repeals certain general excise tax exemptions. Increases conveyance taxes for the sale of properties valued at $1,000,000 or greater.
Companion:  HB3
Package: None
Current Referral: WAM
Introducer(s): CHANG

Sort by Date Status Text
1/21/2021SIntroduced.
1/21/2021SPassed First Reading.
1/22/2021SReferred to WAM.
2/26/2021SThe committee(s) on WAM has scheduled a public hearing on 03-02-21 9:25AM; CR 211 & Videoconference.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB56




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CommRoomDate/TimeNotice 
WAM CR 211 & Videoconference
3/02/2021 9:25 AM View