Steve Knight
- Republican
Author
The Personal Income Tax Law provides various exclusions from gross income in determining tax liability, including an exclusion for death benefit payments received by a surviving spouse or other beneficiary designated by a military veteran, as prescribed, who dies or is killed in the performance of duty, as provided. This bill would, for taxable years beginning on or after January 1, 2010, exclude from gross income, as provided, Combat-Related Special Compensation (CRSC) and Concurrent Retirement and Disability Pay (CRDP) payments, as defined, received by an eligible individual, as defined. This bill would make these provisions inoperative on January 1, 2018. This bill would take effect immediately as a tax levy.
In committee: Set, first hearing. Held under submission.
In committee: Set, first hearing. Referred to APPR. suspense file.
Read second time and amended.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (May 14).
In committee: Set, first hearing. Referred to REV. & TAX. suspense file.
From printer. May be heard in committee March 25.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2004 | HTML |
| 02/23/12 - Introduced | |
| 05/16/12 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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