Amanda Chase
- Republican
Primary
Income tax; military benefits subtraction; emergency. Establishes an income tax subtraction for up to $20,000 of militarybenefits in taxable year 2021, up to $30,000 in taxable year 2022,and up to $40,000 in taxable year 2023 and each year thereafter.The bill defines military benefits to include military retirementincome and benefits paid to the surviving spouse of a veteran. The bill contains an emergency clause.
Incorporated by Finance and Appropriations (SB528-Reeves) (16-Y 0-N)
Impact statement from TAX (SB586)
Prefiled and ordered printed with emergency clause; offered 01/12/22 22101453D
Referred to Committee on Finance and Appropriations
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed with emergency clause; offered 01/12/22 22101453D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB586F161.PDF |
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