Legislation

Title: Income Tax - Subtraction Modification - Retirement Income
Sponsored by: Senators Young, Conway, Currie, Guzzone, Hough, Montgomery, and Ramirez
Status: In the Senate - Hearing 2/18 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Increasing the maximum amount allowed as a subtraction modification under the State income tax for specified retirement income of an individual who is at least 70 years old or who is totally disabled; providing that the amount of the subtraction modification may not exceed specified amounts during specified taxable years; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0392

Introduced in a prior session as: SB0048 Session: 2013 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2015

History

Legislation History
Chamber Senate Calendar Date 2/02/2015 Legislative Date 2/02/2015 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/04/2015 Legislative Date 2/04/2015 Action Hearing 2/18 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/02/2015	2/02/2015	First Reading Budget and Taxation
Senate	2/04/2015	2/04/2015	Hearing 2/18 at 1:00 p.m.

Documents

Date Posted	Document Name
2/03/2015	Text - First - Income Tax - Subtraction Modification - Retirement Income

File Code

Subjects

Statutes