Did not become law. It stopped in the House of Representatives's Finance, Revenue and Bonding Committee on February 9, 2022. The 2022 session has ended.
2022 Regular Session
House Bill 5027
AN ACT ELIMINATING THE ESTATE AND GIFT TAXES AND CONCERNING THE PERSONAL INCOME TAX DEDUCTIONS FOR SOCIAL SECURITY BENEFITS AND PENSION OR ANNUITY INCOME.
What it does
The synopsis the General Assembly published with the bill.
To (1) eliminate the estate and gift taxes, (2) eliminate the personal income tax on Social Security benefits, regardless of income, and (3) require that pension and annuity income be exempt from the personal income tax for taxable years commencing on or after January 1, 2022, rather than the current phase-out schedule.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
3 co-sponsors
In the Senate
1 co-sponsor
Its course
February 9 to February 9, 2022, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action1 action on 1 day
In the House of RepresentativesFeb 9 to Feb 9 · stopped0 days
Finance, Revenue and Bonding CommitteeFeb 9 to Feb 9 · stopped0 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Feb 9
- Feb 9Introduced and sent to Finance, Revenue and Bonding Committee
All 1 actions, as published
- Feb 9REF. TO JOINT COMM. ONBoth houses