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HB125

Income tax, state; subtraction for low-income military veterans with a service-connected disability.

Status:
Consolidated

Chief Patron:
Jason Miyares (R)

Session:
2020 Regular Session

Summary

As Introduced. Income tax; subtraction for low-income military veterans with a permanent service-connected disability.

Provides an income tax subtraction for the military retirement income received by a veteran who has been rated with a 100 percent service-connected, permanent, and total disability. The bill provides that the subtraction is available only to those taxpayers whose federal adjusted gross income is no greater than 150 percent of the federal poverty level for a four-person household. This bill was incorporated into HB 1619. (Less)
  • Bill History

  • 12/16/2019 - House: Prefiled and ordered printed; offered 01/08/20 20100849D
  • 12/16/2019 - House: Referred to Committee on Finance
  • 01/11/2020 - House: Impact statement from TAX (HB125)
  • 01/16/2020 - House: Assigned Finance sub: Subcommittee #1
  • 01/27/2020 - House: Subcommittee recommends incorporating (HB1619-Helmer)
  • 01/29/2020 - House: Incorporated by Finance (HB1619-Helmer)