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Senate Bill 0070


Senate Bill 0070

ARCHIVE (2009)

Latest Information

 

DIGEST OF INTRODUCED BILL


Taxation of military retirement benefits. Increases the adjusted gross income tax deduction for military retirement or survivor's benefits from $5,000 to $10,000 beginning in 2009, $15,000 beginning in 2011, and $25,000 beginning in 2013. Provides a total exemption beginning in 2015.
    Current Status:
     In Committee - first House
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