Crossville Chronicle, Crossville, TN

May 23, 2013

Haslam to sign changes to Hall Income Tax


Submitted

CROSSVILLE — Governor Bill Haslam will visit Fairfield Glade at 2:45 p.m. May 28 to publicly sign new legislation involving Tennessee's Hall Income Tax. 

The signing will be at the Community and Conference Center on Stonehenge Drive and the public is invited to attend.

The new legislation is House Bill 192, which was initiated by State Rep. Cameron Sexton, Cumberland County's representative in the State Legislature.

The bill will raise the income exemption level of Hall Income Tax for single or joint filers over the age of 65.

Two years ago, the state raised the income exemption level on the Hall Income Tax for those over 65 by $10,000, resulting in thousands of Tennesseans becoming income tax free, Sexton said.

"This year we increased the exemption level from $26,200 to $33,000 for single filers and from $37,000 to $59,000 for joint filers. More than 7,000 seniors will become income tax free or have their taxes reduced," Sexton said.