SB 102 - Cierpiot, Mike
Reauthorizes an income tax deduction for certain savings accounts
Bill Details
Sponsor
LR Number
0110S.01I
Title
SB 102
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2025
Committee
Current Status
Voted Do Pass S Economic and Workforce Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 102 - Current law authorizes an income tax deduction for one hundred percent of a participating taxpayer's contributions to a long-term dignity savings account, with such deduction scheduled to sunset on December 31, 2024. This act extends the sunset on the deduction until December 31, 2030.
This act is identical to SB 1010 (2024) and to a provision in SS/SB 59 (2025) and SCS/HCS/HB 1483 (2024).
JOSH NORBERG