2017 Senate Bill 512

Senate Roll Call 541: Passed

To exempt from state income tax up to $5,000, and $10,000 on joint returns, contributed to or earned by a specialty savings account that the bill would authorize for the purpose of making a home purchase. Up to $50,000 worth of income could be exempted from taxation by an account owner over time.

37 Yeas / 1 Nay
Republican (26 Yeas / 1 Nay)
Democrat (11 Yeas / 0 Nays)