02/15/2024

House Bill 386

Lead Sponsors: Representative Adam Mathews and Representative Brian Lampton

Status: 2nd Hearing in House Ways and Means (May 14, 2024)

Description: The bill, over a period of six years, phases out the state income tax on nonbusiness income and, beginning in 2030, eliminates the commercial activity tax.

CCAO Position: No position (as of July 2024)

Other Notes: Has a companion bill, Senate Bill 216.