Liz Guzmán
- Democratic
Primary
Income tax subtraction; veteran retirement compensation. Provides an individual income tax subtraction for certain amountsof the annual retirement compensation received by a veteran who isat least 65 years old for service as a member of the United StatesArmed Forces. The subtraction is equal to up to $10,000 in annualretirement compensation for taxable year 2022, up to $20,000 in taxableyear 2023, up to $30,000 in taxable year 2024, and up to $40,000for taxable year 2025 and thereafter.
Left in Finance
Subcommittee recommends laying on the table (7-Y 1-N)
Impact statement from TAX (HB1045)
Assigned Finance sub: Subcommittee #3
Prefiled and ordered printed; offered 01/12/22 22103865D
Referred to Committee on Finance
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/12/22 22103865D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB1045F161.PDF |
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