House Bill

HB 1012:

Increasing standard tax deduction to $4,400

Not Bipartisan

Bill Primary sponsors

Representative David Ray



Filed 11.28.22

Full Bill Title

To Amend the standard deduction for income tax purposes; And to increase the standard deduction.


What it does

This bill would increase the standard income tax deduction to $4,400 per taxpayer beginning Jan. 1, 2023. The standard deduction is currently $2,200. 

CONTEXT: The Department of Finance and Administration will create a fiscal impact statement to accompany this bill and we will post here when available.

Options: Filed, on agenda, passed, failed… (more)




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