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1997 SESSION
HB 1603 Income tax, state; deduction for first $15,000 of military basic pay.
Introduced by: M. Kirkland Cox | all patrons ... notes | add to my profiles
SUMMARY:
Income tax; deduction for first $15,000 of military basic pay. For taxable years beginning on or after January 1, 1997, allows a deduction of $15,000 from income tax for military basic pay with such amount being reduced dollar-for-dollar when the taxpayer's military basic pay exceeds $15,000 and no deduction allowed if such basic pay equals or exceeds $30,000.
FULL TEXT
HISTORY
- 01/08/97 House: Presented & ordered printed, prefiled 12/12/96 976152172
- 01/08/97 House: Referred to Committee on Finance
- 01/10/97 House: Assigned to Finance sub-committee: 1
- 02/04/97 House: No action taken by Finance by voice vote