REVENUE & TAX - SENATE - Feb 03, 2021
Senate Revenue & Taxation Committee · February 3, 2021
Senate Revenue & Taxation Committee heard two tax-related bills: Senate Bill 236, which would exempt state income tax on unemployment benefits for calendar years 2020 and 2021, and a House bill to set a fixed annual transfer from the unclaimed property fund to general revenue (an $18,000,000 figure). Committee members discussed fraud-related 1099 issues, DFA revenue estimates, and operational impacts; both measures were advanced out of committee.
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