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1997 SESSION
SB 953 Income tax, state; deduction for first $15,000 of military basic pay.
Introduced by: Henry L. Marsh III | 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
- 01/16/97 Senate: Presented & ordered printed 976200699
- 01/16/97 Senate: Referred to Committee on Finance
- 02/04/97 Senate: Left in Finance