Did not become law. It stopped in the Senate's Finance and Revenue Committee on March 7, 2024. The 2024 session has ended.
2024 Regular Session
Senate Bill 1549
Exempts from state income tax for a taxpayer who has not attained 63 years of age before the close of the taxable year for which a return is filed and is receiving retirement pay or pension for service in the Armed Forces of the United States up to $17,500 in retirement pay or pension received for service in the Armed Forces of the United States.
What it does
The synopsis the Legislative Assembly published with the bill.
Digest: Exempts from state income tax up to $17,500 received by a person 62 years of age or younger as retirement pay or pension for service in the Armed Forces. The Act applies to tax years that start on or after January 1, 2024. The Act takes effect on the 91st day after sine die. (Flesch Readability Score: 62.4). Exempts from state income tax for a taxpayer who has not attained 63 years of age before the close of the taxable year for which a return is filed and is receiving retirement pay or pension for service in the Armed Forces of the United States up to $17,500 in retirement pay or pension received for service in the Armed Forces of the United States. Applies to tax years beginning on or after January 1, 2024. Takes effect on the 91st day following adjournment sine die.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Janeen Sollman, David Brock Smith
Chief co-sponsors
1 co-sponsor
In the House of Representatives
Sponsor
Its course
February 5 to March 7, 2024, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action4 actions on 3 days
In the SenateFeb 5 to Mar 7 · stopped31 days
Waiting for a committeeFeb 5 to Feb 50 days
Finance and RevenueFeb 5 to Mar 7 · stopped31 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the Senate Feb 5 – Mar 7
- Feb 5Introduced
- Sent to Finance and Revenue
- Feb 8Heard in Finance and Revenue
- Mar 7Died when the session ended
All 4 actions, as published
- Feb 5Introduction and first reading. Referred to President's desk.Senate
- Feb 5Referred to Finance and Revenue.Senate
- Feb 8Public Hearing held.Senate
- Mar 7In committee upon adjournment.Senate