SB 741 - Crowell, Jason
Permits an income tax deduction for amount of retirement or pension income taxed by another state
Bill Details
Sponsor
LR Number
3101S.01I
Title
SB 741
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2006
Current Status
Second Read and Referred S Pensions, Veterans' Affairs and General Laws Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 741 - This act permits a taxpayer to deduct the amount of pension or retirement income taxed by another state from the taxpayer's federal adjusted gross income. A statement of distribution showing the portion of income previously taxed shall be submitted to the department of revenue when the taxpayer's return is filed.
This act is identical to Senate Bill 449 (2005).
JASON ZAMKUS