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2021 Session Review: Taxes

Session review
State Budgets Taxes & Fees 

The 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. New regressive taxes include the new tax on phone lines, and impact to fuel and energy costs through environmental policy (See Session Review “Climate”). A great resource for general state tax statistics can be found here.


Bill Numbers:
HB 1069 (2021-22) HB 1095 (2021-22) HB 1201 (2021-22) HB 1297 (2021-22) HB 1332 (2021-22) HB 1365 (2021-22) HB 1406 (2021-22) HB 1410 (2021-22) HB 1438 (2021-22) HB 1460 (2021-22) HB 1465 (2021-22) HB 1477 (2021-22) HB 1496 (2021-22) SB 5096 (2021-22)

Keywords:
988 crisis line B&O taxes Beverage tax Business and occupation tax Capital gains tax COVID-19/corona Estate tax Foreclosures Health insurance Internet tax Property taxes Sales and use taxes Telephone/wireless tax Utilities Wealth tax Working Families Tax Credit


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