Last Action | 02/04/21: posted in committee |
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Title | AN ACT relating to an exemption of income taxation for military pensions. |
Bill Documents | Introduced |
Fiscal Impact Statement | Fiscal Note |
Bill Request Number | 241 |
Sponsors | W. Thomas, K. Banta, C. Freeland, D. Hale, K. King, D. Lewis, C. Massey, M. Prunty, N. Tate |
Summary of Original Version | Amend KRS 141.019 to exclude United States military retirees' pension income from income taxation for taxable years beginning on or after January 1, 2021, and before January 1, 2025; require reporting by the Department of Revenue; amend KRS 131.190 to conform. |
Index Headings of Original Version |
Taxation, Income--Individual - Military pensions, income tax deduction Fiscal Note - Military pensions, income tax deduction Military Affairs and Civil Defense - Military pensions, income tax deduction Retirement and Pensions - Military pensions, income tax deduction Taxation - Individual, military pensions, income tax deduction |
09/15/20 |
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01/05/21 |
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02/04/21 |
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Last updated: 11/9/2023 2:52 PM (EST)