SB 629 - Hoskins, Denny
Modifies provisions relating to a tax deduction for certain military retirement benefits
Bill Details
Sponsor
Hoskins, Denny
LR Number
2670S.01I
Title
SB 629
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2021
Committee
Current Status
Hearing Scheduled But Not Heard S Economic Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 629 - Current law authorizes an income tax deduction for retirement benefits received by a taxpayer for the taxpayer's service in the Armed Forces of the United States, including reserve components and the National Guard. This act makes a technical correction to ensure that one hundred percent of such benefits may be deducted without any reductions.
This act is identical to a provision contained in SS/SCS/SB 120 (2021).
JOSH NORBERG