Back to legislation in Council period 13
|Councilmember Linda Cropp
Councilmember Phil Mendelson
Councilmember Sandra C. Allen
Councilmember Jim Graham
Councilmember Harold Brazil
Councilmember Kathy Patterson
A BILL IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
Councilmembers Phil Mendelson introduced the following bill, which was referred to the Finance and Revenue.
To amend the District of Columbia tax code to conform with federal law.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Federal Conformity Tax Amendment Act of 1999".
Sec. 2. Title 47 of the District of Columbia Code is amended as follows:
(a) Section 47-1801.4(26) is amended by striking subsections (A) and (B), and replacing them as follows:
(b) Section 47-1803.1 is amended by inserting "for purposes of the District individual income taxes, "net income" means income as defined in section 63 of the Internal Revenue Code of 1986, Provided that the following shall be excluded from the calculation of net income"
(c) Section 47- 1806.2(i) is amended by adding a new paragraph (6), to read as follows:
Section 47-1806.3(a) is amended by adding new paragraphs (3), (4), and (5) at the end to read as follows:
"(4) In the case of a taxable year beginning after December 31, 1999, there is imposed on the taxable income of every resident who files married jointly, a tax determined in accordance with the following table:
"(5) In the case of a taxable year beginning after December 31, 1999, there is imposed on the taxable income of every resident who files head of household, a tax determined in accordance with the following table:
Sec. 3. Fiscal impact statement.
The Council adopts the fiscal impact statement in the committee report as the fiscal impact statement required by section 602(c)(3) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Code § 1-233(c)(3)).
Sec. 4. This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), approval by the Financial Responsibility and Management Assistance Authority as provided in section 203(a) of the District of Columbia Financial Responsibility and Management Assistance Act of 1995, approved April 17, 1995 (109 Stat. 116; D.C. Code §47-392.3(a)), a 30-day period of Congressional review as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Code § 1-233(c)(1)), and publication in the District of Columbia Register.
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