- Income Tax - Subtraction Modification - Military Compensation
- Sponsored by
- Senators Waugh, Astle, Bates, Cassilly, Currie, Eckardt, Hough, Klausmeier, Manno, Mathias, Peters, Salling, Simonaire, Smith, Young, and Zucker
- In the Senate - Hearing 2/14 at 1:00 p.m.
- Fiscal and Policy Note
Increasing, from $15,000 to $22,500, the amount of a certain subtraction modification under the State income tax for certain military compensation attributable to active service outside the United States; reducing the subtraction by a certain amount if the amount of compensation received by the individual exceeds $22,500; applying the Act to taxable years beginning after December 31, 2017; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2018
( 10-207 )
Last Updated: 2/3/2020 2:35 PM