Legislation

Title: Income Tax - Subtraction Modification - Military Retirement Income - Individuals at Least 65 Years Old
Sponsored by: Senator Peters
Status: In the Senate - Withdrawn by Sponsor
Analysis: Fiscal and Policy Note

Synopsis

Increasing the subtraction modification under the State income tax from $5,000 to $10,000 of military retirement income received for retirees at least 65 years old on the last day of the taxable year; applying the Act to taxable years beginning after December 31, 2014; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0177

Introduced in a prior session as: SB0143 Session: 2014 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2015

History

Legislation History
Chamber Senate Calendar Date 1/16/2015 Legislative Date 1/19/2015 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/21/2015 Legislative Date 1/21/2015 Action Hearing 2/04 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 2/02/2015 Legislative Date 2/02/2015 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 2/02/2015 Legislative Date 2/02/2015 Action Hearing 2/04 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 3/30/2015 Legislative Date 3/30/2015 Action Unfavorable Report by Budget and Taxation; Withdrawn Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/16/2015	1/19/2015	First Reading Budget and Taxation
Senate	1/21/2015	1/21/2015	Hearing 2/04 at 1:00 p.m.
Senate	2/02/2015	2/02/2015	Hearing cancelled
Senate	2/02/2015	2/02/2015	Hearing 2/04 at 2:00 p.m.
Senate	3/30/2015	3/30/2015	Unfavorable Report by Budget and Taxation; Withdrawn

Documents

Date Posted	Document Name
1/20/2015	Text - First - Income Tax - Subtraction Modification - Military Retirement Income - Individuals at Least 65 Years Old

File Code

Subjects

Statutes