Title | AN ACT relating to an exemption of income taxation for military pensions. |
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Bill Documents | Original |
Sponsors | W. Thomas |
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 |
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 | Prefiled by the sponsor(s). |
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Last updated: 12/21/2021 12:15 PM (EST)
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