Legislation

Increasing from $5,000 to $10,000 a subtraction modification under the State income tax for specified military retirement income for individuals who are at least 65 years old on the last day of the taxable year; and applying the Act to all taxable years beginning after December 31, 2014.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB0482

Bill File Type: Regular

Effective Date(s): July 1, 2015

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 2/09/2015 Legislative Date 2/06/2015 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/09/2015 Legislative Date 2/06/2015 Action Motion Rules Suspended Rule 32 (Senator Pugh) Adopted Proceedings 18A
Chamber Senate Calendar Date 2/25/2015 Legislative Date 2/25/2015 Action Hearing 3/10 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/26/2015 Legislative Date 2/26/2015 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 2/26/2015 Legislative Date 2/26/2015 Action Hearing 3/04 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/30/2015 Legislative Date 3/30/2015 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/31/2015 Legislative Date 3/26/2015 Action Favorable with Amendments {919632/1 Report Adopted Proceedings 53
Chamber Senate Calendar Date 3/31/2015 Legislative Date 3/26/2015 Action Second Reading Passed with Amendments Proceedings 53
Chamber Senate Calendar Date 4/01/2015 Legislative Date 3/27/2015 Action Third Reading Passed (47-0) Proceedings 54
Chamber House Calendar Date 4/01/2015 Legislative Date 3/28/2015 Action First Reading House Rules and Executive Nominations Proceedings 58
Chamber House Calendar Date 4/07/2015 Legislative Date 4/07/2015 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 4/07/2015 Legislative Date 4/07/2015 Action Hearing 4/08 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/10/2015 Legislative Date 4/10/2015 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 4/10/2015 Legislative Date 4/05/2015 Action Favorable Report Adopted Proceedings 66
Chamber House Calendar Date 4/10/2015 Legislative Date 4/05/2015 Action Special Order until 4/11 (Delegate Hixson) Adopted Proceedings 66
Chamber House Calendar Date 4/11/2015 Legislative Date 4/06/2015 Action Second Reading Passed Proceedings 67
Chamber House Calendar Date 4/13/2015 Legislative Date 4/11/2015 Action Third Reading Passed (137-0) Proceedings 72
Chamber Senate Calendar Date 4/14/2015 Legislative Date 4/10/2015 Action Returned Passed Proceedings 68
Chamber Post Passage Calendar Date 5/12/2015 Legislative Date 5/12/2015 Action Approved by the Governor - Chapter 125 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/09/2015	2/06/2015	First Reading Budget and Taxation
Senate	2/09/2015	2/06/2015	Motion Rules Suspended Rule 32 (Senator Pugh) Adopted	18A
Senate	2/25/2015	2/25/2015	Hearing 3/10 at 1:00 p.m.
Senate	2/26/2015	2/26/2015	Hearing cancelled
Senate	2/26/2015	2/26/2015	Hearing 3/04 at 1:00 p.m.
Senate	3/30/2015	3/30/2015	Favorable with Amendments Report by Budget and Taxation
Senate	3/31/2015	3/26/2015	Favorable with Amendments {919632/1 Report Adopted	53
Senate	3/31/2015	3/26/2015	Second Reading Passed with Amendments	53
Senate	4/01/2015	3/27/2015	Third Reading Passed (47-0)	54
House	4/01/2015	3/28/2015	First Reading House Rules and Executive Nominations	58
House	4/07/2015	4/07/2015	Rereferred to Ways and Means
House	4/07/2015	4/07/2015	Hearing 4/08 at 1:00 p.m.
House	4/10/2015	4/10/2015	Favorable Report by Ways and Means
House	4/10/2015	4/05/2015	Favorable Report Adopted	66
House	4/10/2015	4/05/2015	Special Order until 4/11 (Delegate Hixson) Adopted	66
House	4/11/2015	4/06/2015	Second Reading Passed	67
House	4/13/2015	4/11/2015	Third Reading Passed (137-0)	72
Senate	4/14/2015	4/10/2015	Returned Passed	68
Post Passage	5/12/2015	5/12/2015	Approved by the Governor - Chapter 125

Documents

Date Posted	Document Name
3/31/2015	Amendments Senate - (Budget and Taxation) {919632/01 Adopted
2/10/2015	Text - First - Income Tax - Subtraction Modification - Military Retirement Income
3/31/2015	Text - Third - Income Tax - Subtraction Modification - Military Retirement Income - Individuals at Least 65 Years Old
5/15/2015	Text - Chapter - Income Tax - Subtraction Modification - Military Retirement Income - Individuals at Least 65 Years Old
3/30/2015	Vote - Senate - Committee - Budget and Taxation
4/10/2015	Vote - House - Committee - Ways and Means
3/27/2015	Vote - Senate Floor - Third Reading Passed (47-0) - 03/27/15
4/11/2015	Vote - House Floor - Third Reading Passed (137-0) - 04/11/15

File Code

Subjects

Statutes