Text: SF02101                           Text: SF02103
Text: SF02100 - SF02199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

Senate File 2102

Partial Bill History

• Bill Introduced: S.J. 180
• Complete Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 422.5, subsection 1, paragraphs a
  1  2 through h, Code Supplement 1997, are amended to read as
  1  3 follows:
  1  4    a.  On all taxable income from zero through one thousand
  1  5 dollars, thirty-six thirty-four hundredths of one percent.
  1  6    b.  On all taxable income exceeding one thousand dollars
  1  7 but not exceeding two thousand dollars, seventy-two sixty-
  1  8 eight hundredths of one percent.
  1  9    c.  On all taxable income exceeding two thousand dollars
  1 10 but not exceeding four thousand dollars, two and forty-three
  1 11 thirty-one hundredths percent.
  1 12    d.  On all taxable income exceeding four thousand dollars
  1 13 but not exceeding nine thousand dollars, four and one-half
  1 14 twenty-eight hundredths percent.
  1 15    e.  On all taxable income exceeding nine thousand dollars
  1 16 but not exceeding fifteen thousand dollars, six five and
  1 17 twelve eighty-one hundredths percent.
  1 18    f.  On all taxable income exceeding fifteen thousand
  1 19 dollars but not exceeding twenty thousand dollars, six and
  1 20 forty-eight sixteen hundredths percent.
  1 21    g.  On all taxable income exceeding twenty thousand dollars
  1 22 but not exceeding thirty thousand dollars, six and eight-
  1 23 tenths forty-six hundredths percent.
  1 24    h.  On all taxable income exceeding thirty thousand dollars
  1 25 but not exceeding forty-five thousand dollars, seven and
  1 26 ninety-two fifty-two hundredths percent.
  1 27    Sec. 2.  This Act takes effect January 1, 1999, for tax
  1 28 years beginning on or after that date.  
  1 29                           EXPLANATION
  1 30    The bill reduces the individual income tax rates by 5
  1 31 percent, except for the highest rate.  The bill takes effect
  1 32 January 1, 1999, for tax years beginning on or after that
  1 33 date.  
  1 34 LSB 3853XS 77
  1 35 mg/jw/5
     

Text: SF02101                           Text: SF02103
Text: SF02100 - SF02199                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

© 1998 Cornell College and League of Women Voters of Iowa

Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Thu Feb 12 03:40:07 CST 1998
URL: /DOCS/GA/77GA/Legislation/SF/02100/SF02102/980203.html
jhf