Last Action | 02/23/23: to Appropriations & Revenue (H) |
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Title | AN ACT relating to an exemption of income taxation for military pensions. |
Bill Documents | Introduced |
Bill Request Number | 211 |
Sponsors | W. Thomas, J. Calloway, C. Freeland, C. Fugate, D. Hale, K. Jackson, DJ Johnson |
Summary of Original Version | Amend KRS 141.019 to exclude all distributions from military pension plans received by retired members of the United States military and their surviving spouses or former spouses under a survivor benefit plan from income taxation for taxable years beginning on or after January 1, 2023; require reporting by the Department of Revenue; amend KRS 131.190 to conform. |
Index Headings of Original Version |
Military Affairs and Civil Defense - Military pensions, income tax deduction Retirement and Pensions - Military pensions, income tax deduction Taxation - Military pensions, income tax deduction Taxation, Income--Individual - Military pensions, income tax deduction Veterans - Military pensions, income tax deduction State Agencies - Department of Revenue, military pension, income tax deduction, report required |
01/03/23 |
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02/23/23 |
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Last updated: 11/9/2023 3:03 PM (EST)