Tax Reform

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Tax Reform Quick Facts

Senators Talking About this Issue

Patrick M. Gallivan

60th Senate District

Simcha Felder

22nd Senate District

Liz Krueger

28th Senate District

Tax Reform Updates

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2019-S4671

Economic Development, Small Business, Small Business Tax Relief, Manufacturing, Tax Reform

Relates to pass-through manufacturers zero percent tax rate

March 3, 2020

In Senate Committee Finance Committee

Sponsor: Anna M. Kaplan

2019-S2412

Small Business, Economic Development, Tax Reform, Small Business Savings, Job Creation

Relates to authorizing small business tax-deferred savings accounts

March 3, 2020

In Senate Committee Finance Committee

Sponsor: Anna M. Kaplan

2019-S5954

Economic Development, Small Business, Small Business Tax Relief, Tax Reform, Manufacturing

Relates to the business income rate and expanding the small business subtraction modification

March 3, 2020

In Senate Committee Finance Committee

Sponsor: Anna M. Kaplan

2019-S7354

Economic Development, Small Business, small business incentives, Chambers of Commerce, Tax Reform

Provides a deduction against adjusted gross income for dues paid by small businesses to chambers of commerce

March 3, 2020

In Senate Committee Finance Committee

Sponsor: Anna M. Kaplan

2019-S5954A

Economic Development, Small Business, Small Business Tax Relief, Tax Reform, Manufacturing

Relates to the business income rate and expanding the small business subtraction modification

March 3, 2020

In Senate Committee Finance Committee

Sponsor: Anna M. Kaplan

There are no upcoming meetings or public hearings scheduled at this time

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