| Last Action | 01/04/22: to Committee on Committees (H) |
|---|---|
| Title | AN ACT relating to an exemption of income taxation for military pensions. |
| Bill Documents | Introduced |
| Fiscal Impact Statement | Fiscal Note |
| Bill Request Number | 197 |
| Sponsors | W. Thomas, C. Freeland, C. Fugate, R. Heath, R. Huff, C. Massey, N. Tate, B. Wheatley |
| 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 spouse under a survivor benefit plan from income taxation for taxable years beginning on or after January 1, 2022, and before January 1, 2026; require reporting by the Department of Revenue; amend KRS 131.190 to conform. |
| Index Headings of Original Version |
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 Taxation, Income--Individual - Military pensions, income tax deduction Veterans - Military pensions, income tax deduction |
| 12/02/21 |
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|---|---|
| 01/04/22 |
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Last updated: 2/8/2023 2:57 PM (EST)