2021-2023 Biennium Review: TaxesSession review
Energy, Utilities & Technology Jobs, Business & Economy Taxes & Fees
The 2021 session will be remembered for passage of the capital gains income tax and funding of an expanded eligibility and remittance structure for the Working Families Tax Credit. The 2022 session will be remembered for the lack of any meaningful broad-based tax relief despite a $15 billion surplus. In terms of help for business, there was an increase in small business B&O tax credits, help for data centers, and new incentives for green hydrogen and solar manufacturing.