Allows gross income deduction for all wage income received by high school and college graduates during two consecutive taxable years following graduation from in-State school.
An Act Concerning The Indexing Of Personal Income Tax Thresholds And Personal Exemption Amounts, The Establishment Of A Child Tax Credit And The Deduction And Withholding Of Personal Income Tax From Certain Payments And Distributions.
Income tax credit proposed for graduates of aerospace and aviation-related educational programs and employers of program graduates, and reports required.