2005 Regular Session

SENATE BILL 632

File Code: Taxes - Income
Sponsored By:
Senators Middleton, Astle, Brinkley, Colburn, DeGrange, Dyson, Green, Hafer, Kelley, Klausmeier, Mooney, Munson, Schrader, Stone, and Teitelbaum
Entitled:
Income Tax - Credit for Surviving Spouse of Fallen Armed Forces Member

Synopsis:

Providing a credit against the State income tax for the surviving spouse of a member of the armed forces who died as a result of or while serving in Afghanistan or Iraq under specified circumstances; limiting the credit to the lesser of the State income tax liability or $1,000; prohibiting the unused amount of the credit from being carried over to any other taxable year; and applying the Act to tax years beginning after December 31, 2004.

History by Legislative Date

Senate Action
2/4
First Reading Budget and Taxation
3/9
Hearing 3/22 at 1:00 p.m.
House Action
No Action

Sponsored by:

Senator Thomas M. Middleton, District 28
Senator John C. Astle, District 30
Senator David R. Brinkley, District 4
Senator Richard F. Colburn, District 37
Senator James E. DeGrange, Sr., District 32
Senator Roy P. Dyson, District 29
Senator Leo E. Green, District 23
Senator John J. Hafer, District 1
Senator Delores G. Kelley, District 10
Senator Katherine Klausmeier, District 8
Senator Alexander X. Mooney, District 3
Senator Donald F. Munson, District 2
Senator Sandra B. Schrader, District 13
Senator Norman R. Stone, Jr., District 6
Senator Leonard H. Teitelbaum, District 19

Bill indexed under the following Subjects:

ARMED FORCES -see also- MILITIA
DEATH -see also- ADVANCE MEDICAL DIRECTIVES; WRONGFUL DEATH.
INCOME TAX
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General
( 10-725 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered