House Bill 1712
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DIGEST OF INTRODUCED BILL
Veterans benefits. Provides a deduction in computing the adjusted gross income of an individual or an individual's surviving spouse for all income received during the taxable year as compensation, retirement benefits, or survivor's benefits for the individual's service in an active or reserve component of the armed services of the United States. Provides for a payment of $500 to each member of the national guard or of any reserve component of the national guard or the armed forces who is placed on involuntary activation for 150 days or more and served outside the state after September 10, 2001. Appropriates money to the department of veterans' affairs for the payments.
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| ||In Committee - first House|