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Legislative Year: 2022 Change
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Bill Detail: SB22-222

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Title Amount Of Tax Owed Table For Initiatives
Status Signed by the Speaker of the House (05/25/2022)
Bill Subjects
  • Elections & Redistricting
House Sponsors C. Kennedy (D)
M. Weissman (D)
Senate Sponsors D. Moreno (D)
B. Pettersen (D)
House Committee State, Civic, Military and Veterans Affairs
Senate Committee State, Veterans and Military Affairs
Date Introduced 04/21/2022
Summary

The bill is a referred measure that will, if approved by the voters
of the state at the 2022 general election, require:

  • The director of research of the legislative council of the
general assembly to include a table in the fiscal summary
for any initiated measure that would either increase or
decrease the individual income tax rate. The table must
have 4 columns as follows:
  • A column identifying 8 income categories;
  • A column identifying the current average income
tax owed by taxpayers in each income category;
  • A column identifying the average income tax owed
by taxpayers in each income category if the initiated
measure were to pass; and
  • A column identifying the difference between the
average income tax owed by taxpayers in each
income category if the initiated measure were to
pass and if the initiated measure were not to pass.
  • The ballot title for a measure that either increases or
decreases the individual income tax rate to include the table
created by the director of research of the legislative council
of the general assembly for the measure's fiscal summary.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (04/25/2022) (most recent)  
Additional Bill Documents Bill Documents
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  • Past fiscal notes
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  • Bill History
 
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