IOWA HOUSE SPEAKER PAT GRASSLEY SAYS REPUBLICAN LAWMAKERS ARE WORKING ON ANOTHER ROUND OF STATE INCOME TAX CUTS.
TAXCUT1 OC………WE HEAD HOME.” :07
TAX CUTS APPROVED IN 2022 WILL SHRINK THE STATE INDIVIDUAL INCOME TAX TO A SINGLE RATE JUST UNDER FOUR PERCENT BY 2026.
IN JANUARY, GOVERNOR REYNOLDS SUGGESTED GOING LOWER, TO THREE-POINT-65 PERCENT AND MAKING THAT RATE RETROACTIVE TO JANUARY 1ST OF THIS YEAR.
GRASSLEY SAYS HOUSE REPUBLICANS ARE DEVELOPING A PLAN.
TAXCUT2 OC……….RESOLUTION ON THAT.” :04
TUESDAY IS THE 100TH DAY OF THE 2024 LEGISLATIVE SESSION.
IT’S A TARGET DATE FOR ADJOURNING THE IOWA GENERAL ASSEMBLY AND THE LAST DAY LEGISLATORS GET EXPENSE MONEY IN ADDITION TO THEIR SALARY, BUT THERE’S NO LEGAL DEADLINE FOR CONCLUDING THE SESSION.
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