File Code: Taxes - Income
- Sponsored By:
-
Senators Young, King, Kittleman, Klausmeier, Simonaire, and Stone
- Entitled:
-
Income Tax - Subtraction Modification - Retirement Income
Increasing the 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; reducing the
amount of retirement income allowed as a subtraction modification by
the amount of Social Security benefits received; providing that the
amount of the subtraction modification may not exceed specified
amounts during specified taxable years; applying the Act to taxable
years after December 31, 2011; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
Senate Action
- 2/3
- First Reading Budget and Taxation
- 2/8
- Hearing 3/13 at 1:00 p.m.
- 3/7
- Hearing cancelled
- Hearing 3/13 at 1:30 p.m.
House Action
- No Action
Sponsored by:
- Senator Ronald N. Young, District 3
- Senator Nancy J. King, District 39
- Senator Allan H. Kittleman, District 9
- Senator Katherine Klausmeier, District 8
- Senator Bryan W. Simonaire, District 31
- Senator Norman R. Stone, Jr., District 6
Bill indexed under the following Subjects:
- Disabilities -see also- Blind; Deaf; Developmental
- Elderly Persons
- Exemptions
- Income Tax
- Retirement Systems -see also- Mandatory Retirement
Bill affects the following Statute:
- Tax - General
- (
10-209
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
