Legislation
- Title
- Income Tax - Subtraction Modification - Military Retirement Income - Individuals Under the Age of 65 Years
- Sponsored by
- Delegates Brooks, Atterbeary, Aumann, Barkley, Bromwell, Carey, Carr, Chang, Ebersole, Folden, Glenn, Haynes, Hettleman, C. Howard, Impallaria, Jackson, Jalisi, Jameson, Jones, Krebs, Lafferty, Lam, Lierman, Lisanti, Metzgar, Patterson, Sydnor, Valentino-Smith, Vogt, B. Wilson, and P. Young
- Status
- In the House - Hearing 3/08 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing from $5,000 to $10,000 a subtraction modification under the State income tax for specified military retirement income for individuals who are under the age of 65 years on the last day of the taxable year; and applying the Act to all taxable years beginning after December 31, 2016.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): July 1, 2017
History
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Statutes
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Last Updated: 2/3/2020 2:32 PM