SB 2860
Income tax; provide credit for taxpayers claiming federal Earned Income Tax Credit.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
An act to provide a state income tax credit for taxpayers claiming the federal earned income tax credit; To provide the amount of the credit; To provide that if the amount of credit claimed by a taxpayer exceeds the amount of income tax imposed upon the taxpayer for the taxable year, then the taxpayer shall receive a refund from the department of revenue for the amount of such excess; And for related purposes.
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