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2008 Regular Session bill information current as of November 23, 2008 - 0:21 a.m.
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SENATE BILL 625

File Code: Taxes - Income
Prior Year Introduction As: SB 967/07

Sponsored By:
Senator Muse

Entitled:
Income Tax - Subtraction Modification - Military Retirement Income

Synopsis:

Increasing the subtraction modification under the State income tax for military retirement income from $5,000 to the total amount of military retirement income received; providing for a delayed effective date; applying the Act to taxable years beginning after December 31, 2009; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used. Explain Legislative Date and Calendar Date
Senate Action
2/1
First Reading Budget and Taxation
2/20
Hearing 3/5 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Armed Forces -see also- Militia
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Veterans

Bill affects the following Statutes:

Tax - General
( 10-207 , 10-207 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered


Top Sponsors Title Synopsis History Subjects Statutes Documents Another Session Another Bill