Total Tax Savings — HB 7031E

Estimated state and local tax relief by fiscal period, in millions of dollars

First Year Additional Non-Recurring Recurring
2026–27 2027–28 and 2028–29 Annual After 2028–29
State Local Total State Local Total State Local Total
$93.7 $28.8 $122.5 $65.8 $15.1 $80.9 $29.1 $74.4 $103.5