05/04/2026 | Press release | Distributed by Public on 05/04/2026 17:22
The House convened Monday for a special session called by the Governor to consider tax relief.
The House Revenue and Taxation Committee advanced HB1001, which would lower the top individual income tax rate to 3.7% beginning January 1, 2026, and reduce the top corporate tax rate to 4.1% starting January 1, 2027.
The House is scheduled to reconvene Tuesday at 9:30 a.m.