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HB 0086 - Taxable net income; retirement benefits; military service; state tax; exempt

Tracking Level: Monitor
Sponsor: Forster,Ronald 3rd
Last Action: 3/4/2008 - House Committee Favorably Reported
House Committee: W&M
Assigned To:
02. Supreme CourtNext Bill
03. Court of AppealsNext Bill
05. Superior CourtsNext Bill
06. State CourtsNext Bill
07. Juvenile CourtsNext Bill
08. Probate CourtsNext Bill
09. Magistrate CourtsNext Bill
10. Municipal CourtsNext Bill
12. All CourtsNext Bill
Retirement & CompensationNext Bill

Staff Analysis of the Legislation

Amend 48-7-27.  Provide that retirement or compensation received as retirement benefits from military service shall not be subject to state income tax.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text