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House Bill 1755


House Bill 1755

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


Adjusted gross income tax. Exempts active duty military pay earned by members of the National Guard and Reserves from the individual income tax. Provides that a taxpayer may not claim both the new exemption and the existing deduction for military income. Increases the amount of the existing deduction from $2,000 to $5,000 for service in an active component of the armed forces of the United States.
Current Status:
 In Committee - first House
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