LB806–Change individual income tax rates

Introduced January 18, 2023
Status: Assigned To Committee

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36%

Summary

LB806 acts as an accelerator for a previously passed law. It would reduce the personal income tax rate from a planned rate of 6.64% beginning January 1, 2024, to 5.84% beginning with the tax year that began on January 1, 2023.

Introduced at the request of the Governor.

Click here to read the bill or submit comments for the committee before the hearing.

Last Action

Hearing Held on February 2