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2024 SESSION
SB 10 Income tax, state; subtraction for tax, military retirement benefits, uniformed services.
Introduced by: Bryce E. Reeves | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax subtraction; military retirement benefits; uniformed services. Expands the definition of "military benefits" to include an income tax subtraction of retirement income received for service in the uniformed services of the United States, which includes the United States Armed Forces, the commissioned corps of the National Oceanic and Atmospheric Administration, and the commissioned corps of the United States Public Health Service. Under current law, the subtraction is only allowed for military retirement income received for service in the United States Armed Forces.
FULL TEXT
HISTORY
- 11/20/23 Senate: Prefiled and ordered printed; offered 01/10/24 24100092D
- 11/20/23 Senate: Referred to Committee on Finance and Appropriations
- 02/06/24 Senate: Continued to 2025 in Finance and Appropriations (14-Y 0-N)