Legislation

Title: Income Tax - Subtraction Modification - Military Retirement Income
Sponsored by: Senators Salling, Bates, Eckardt, Hough, Robinson, Simonaire, and Waugh
Status: In the Senate - Hearing 2/14 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Removing the limitation on the amount of military retirement income that may be subtracted from federal adjusted gross income for State income tax purposes; and applying the Act to taxable years beginning after December 31, 2017.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Introduced in a prior session as: SB0003 Session: 2017 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber Senate Calendar Date 1/26/2018 Legislative Date 1/26/2018 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/25/2018 Legislative Date 1/25/2018 Action Hearing 2/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Military Retirement Income Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/26/2018	1/26/2018	First Reading Budget and Taxation
Senate	1/25/2018	1/25/2018	Hearing 2/14 at 1:00 p.m.
			Text - First - Income Tax - Subtraction Modification - Military Retirement Income

File Code

Subjects

Statutes