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AR HB1191

Bill

Official Source

Status

Failed

10/15/2021

Primary Sponsor

David Ray

Click for details

Origin

House of Representatives

93rd General Assembly (2021 Regular)

AI Summary

  • Increase individual standard deduction from $2,200 to $4,400 per taxpayer for tax years beginning on and after January 1, 2021
  • Increase married couple standard deduction from $2,200 to $4,400 per spouse for tax years beginning on and after January 1, 2021
  • Maintain existing standard deduction amounts of $2,000 per taxpayer for tax year beginning January 1, 2014
  • Maintain existing standard deduction amounts of $2,200 per taxpayer for tax years beginning on and after January 1, 2015

Legislative Description

To Amend The Standard Deduction For Income Tax Purposes; And To Increase The Standard Deduction.

Last Action

Died in House Committee at Sine Die Adjournment

10/15/2021

Committee Referrals

Revenue and Taxation1/14/2021

Full Bill Text

No bill text available