SB0660

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Military Retirement Income

Sponsored by:

Senator Salling

Status:

In the Senate - Hearing 3/15 at 2:30 p.m.


Synopsis:Removing the limitation on the amount of military retirement income that may be subtracted from federal adjusted gross income for State income tax purposes; applying the Act to taxable years beginning after December 31, 2015; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Salling, Astle, Bates, Cassilly, Eckardt, Edwards, Hershey, Jennings, Middleton, Norman, Ready, Serafini, Simonaire, and Waugh
Additional Facts:Introduced in a prior session as: HB0442 Session: 2014 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Budget and Taxation  View Committee Hearing
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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October 24, 2017 5:10 P.M.