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Bill Detail: SB20-020

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Title Reduce The State Income Tax Rate
Status Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely (01/22/2020)
Bill Subjects
  • Fiscal Policy & Taxes
House Sponsors R. Pelton (R)
R. Holtorf (R)
Senate Sponsors J. Sonnenberg (R)
House Committee
Senate Committee State, Veterans and Military Affairs
Date Introduced 01/08/2020

For income tax years commencing on and after January 1, 2020,
the bill:
  • Reduces both the individual and the corporate state income
tax rate from 4.63% to 4.49%; and
  • Reduces the state alternative minimum tax by 0.14%.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (07/30/2020) (most recent)  
Additional Bill Documents Bill Documents
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
Lobbyists Lobbyist Filings
Votes House and Senate Votes
Vote Totals Vote Totals by Party
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