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Committee orders study on municipal income tax reciprocity and reports House Bill 503
Summary
The committee accepted an amendment requiring the Department of Taxation to study municipal income tax uniformity and favorably reported House Bill 503 after tabling an amendment that would have allowed combined ballot questions tying reciprocity credits to rate changes.
Chairman Romer brought House Bill 503 to the committee for its sixth hearing; his office received no in-person testimony. Ranking Member Troy offered an amendment (1361720) that requires the Department of Taxation to study municipal income tax uniformity with stakeholder consultation and deliver a report no later than Dec. 31. Troy characterized…
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