Bills · 2011-2012 Regular Session
creating an individual income tax deduction for certain residents of this state who graduate from a college or university.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill creates an individual income tax subtract modification (deduction) for
up to $1,000 of income earned by an individual who is a year-round resident of this
state and who graduates from a regionally accredited college or university. The
deduction may be claimed by an individual only for the first five years following the
year in which his or her bachelor's degree is awarded.
Because this bill relates to an exemption from state or local taxes, it may be
referred to the Joint Survey Committee on Tax Exemptions for a report to be printed
as an appendix to the bill.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 23, 2011 · Assembly
Introduced by Representatives Murtha, Bernier, Brooks, Kerkman, Knodl, Spanbauer, Staskunas and Vruwink;Cosponsored by Senators Zipperer and Moulton
- Feb 23, 2011 · Assembly
Read first time and referred to committee on Ways and Means
- Mar 14, 2011 · Assembly
Fiscal estimate received
- Mar 23, 2012 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1