SB0312

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Military Retirement Income

Sponsored by:

President

Status:

In the Senate - Hearing 2/21 at 1:00 p.m.


Synopsis:Phasing out, over 3 taxable years, a certain limitation on the amount of certain military retirement income that may be included in a certain subtraction modification under the State income tax.
Analysis:Fiscal and Policy Note
All Sponsors:The President (By Request - Administration) and Senators Bates, Cassilly, Eckardt, Edwards, Hershey, Hough, Jennings, Mathias, Ready, Reilly, Salling, Serafini, and Simonaire
Additional Facts:Cross-filed with: HB0362
Bill File Type: Regular
Effective Date(s): July 1, 2018
By Request of the Governor
Committee(s):
Budget and Taxation
Broad Subject(s):Taxes - Income
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Veterans
Statutes:Article - Tax - General
(10-207)

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February 19, 2018 12:59 P.M.