2025 Regular Session
Overview
At the request of: | |
Chief Sponsors: | Senator Manning Jr, Sollman, Thatcher |
Regular Sponsors: | Senator Frederick, Meek, Patterson, Prozanski, Reynolds, Smith DB, Taylor, (Presession filed.) |
Bill Title: | Relating to taxable income exemption for military taxpayers; prescribing an effective date. |
Catchline/Summary: | Exempts from state income tax up to $17,500 in federal retirement pay or pension received for service in the Armed Forces of the United States for a taxpayer who is receiving federal retirement pay or pension for service in the Armed Forces of the United States and who hasattained 63 years of age before the close of the taxable year. |
Chapter Number: | |
Fiscal Impact: | Has Minimal Fiscal Impact |
Revenue Impact: | Revenue Impact Issued |
Measure Analysis: | Staff Measure Summary / Impact Statements |
Current Location: | In Senate Committee |
Current Committee: | Senate Committee On Finance and Revenue |
Current Subcommittee: | |
Subsequent Referral(s): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |