SB 0649 Exempts all pension income from taxation
Sponsor:Russell
LR Number:2813L.01I Fiscal Note:2813-01
Committee:Ways and Means
Last Action:01/06/00 - Referred S Ways & Means Committee Journal page:S64
Title:
Effective Date:January 1, 2001
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Current Bill Summary

SB 649 - Under current law, the first $6,000 in pension income received by retired state and federal employees is exempt from taxation. A similar exemption for other retirees is being phased in and will be complete in 2002. This act exempts all retirement income from taxation.

This act is similar to SB 992.
DAVID TALLMAN