HB3300 HFA Doyle, Boggs, Williams & Hornbuckle 3-25

            Delegates Doyle, Boggs, Williams and Hornbuckle move to amend H.B.3300 on page 1, following the enacting clause, by striking out the remainder of the bill and inserting in lieu thereof, the following:

“§11-21-4g.  A tax cut that helps working families.

(a) Tax reduction on individuals (except married individuals filing separate returns) filing joint returns, heads of households, estates, and trusts – For the calendar year of 2022, individuals filing joint returns, heads of households, and estates and trusts income tax shall be reduced by $300 for the taxable year from the tax rate as provided for pursuant to §11-21-4e of this code, and any taxpayers that owe less than $300 in tax, the tax will be zero for that tax year and any remaining tax credit carried over to the following tax year.

(b) Tax reduction for married individuals filing separate returns.- For the Calendar year of 2022, for a husband and wife filing separate returns under this article, state income tax shall be reduced by $150 for the taxable year from the tax rate as provided for pursuant to §11-21-4e of this code, and for any taxpayer that owes less than $150 in tax, the tax will be zero for that tax year and any remaining tax credit carried over to the following tax year.”