2004 Regular Session

SENATE BILL 709

File Code: Taxes - Income Crossfiled with: HOUSE BILL 791
Sponsored By:
Senator Brochin
Entitled:
Income Tax - Subtraction Modification for Teachers' Retirement Income

Synopsis:

Providing a subtraction modification under the State income tax for specified retirement income received by an individual that is attributable to employment as a public school teacher in the State; providing that retirement income that is included in a specified subtraction may not be taken into account for purposes of the income tax subtraction modification for specified retirement income of individuals who are at least 65 years old or who are disabled or have disabled spouses; etc.

History by Legislative Date

Senate Action
2/6
First Reading Budget and Taxation
2/20
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
ELDERLY PERSONS
EXEMPTIONS
INCOME TAX
PUBLIC SCHOOLS
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
TEACHERS
Bill affects the following Statutes:
Tax - General
( 10-207 , 10-207 , 10-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Not available at this time
Amendments: None offered