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Senate Bill 0070


 

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Senate Bill 0070

ARCHIVE (2009)

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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
    >Latest Printing > (PDF)