5096-S.E AMH YOUN H1583.1
ESSB 5096 - H AMD TO FIN COMM AMD (H-1547.5/21) 739
By Representative Young
NOT ADOPTED 04/20/2021
On page 4, beginning on line 2, after "capital" strike all material through "chapter" on line 4 and insert "gains, less the standard deduction provided in section 7 of this act"
On page 7, beginning on line 25, after "individual," strike all material through "returns" on line 28 and insert "or $500,000 for individuals filing joint returns under this chapter"
EFFECT: Increases the standard deduction for joint filers to $500,000.
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