2000 Regular Session

SENATE BILL 401

CHAPTER NUMBER: 524 File Code: Taxes - Income
Sponsored By:
Senators Teitelbaum, Kelley, DeGrange, Della, Munson, Ruben, Astle, and Stone
Entitled:
Income Tax - Subtraction for Retirement Income

Synopsis:

Defining "employee retirement system" for purposes of the subtraction modification allowed under the income tax for specified retirement income of an individual who is at least 65 years old, or who is totally disabled, or whose spouse is totally disabled; and applying the Act to tax years after 1999.

History by Legislative Date

Senate Action
2/3
First Reading Budget and Taxation
2/9
Hearing 2/16 at 1:30 p.m.
4/5
Favorable with Amendments Report by Budget and Taxation
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed (46-0)
4/10
Returned Passed
5/18
Signed by the Governor Chapter 524
House Action
4/2
First Reading Ways and Means
4/6
Hearing 4/7 at 1:00 p.m.
4/10
Favorable Report by Ways and Means
4/8
Favorable Report Adopted
Second Reading Passed
Motion Rules Suspended two readings same day (Delegate Bozman) Adopted (120-8)
Third Reading Passed (130-0)
Sponsored by:
Senator Leonard H. Teitelbaum, District 19
Senator John C. Astle, District 30
Senator James E. DeGrange, Sr., District 32
Senator George W. Della, Jr., District 47
Senator Delores G. Kelley, District 10
Senator Donald F. Munson, District 2
Senator Ida G. Ruben, District 20
Senator Norman R. Stone, Jr., District 7
Bill indexed under the following Subjects:
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
ELDERLY PERSONS
EXEMPTIONS
INCOME TAX
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
Bill affects the following Statute:
Tax - General
( 10-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 419238/1 (PDF)     Offered on: April 5, 2000   at: 12:02 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
April 4, 2000: Third Reading Passed (46-0)
House
April 8, 2000: Motion Rules Suspended 2rdgs same day (Bozman) Adopted (120-8)
April 8, 2000: Third Reading Passed (130-0)