SB943
Income tax, state; subtraction for retirement income of certain federal employees.
Summary
As Introduced. Income tax; subtraction; retirement income of certain federal employees.
Establishes, beginning in taxable year 2025, an individual income tax subtraction for 20 percent of the retirement income of retirees covered under the federal Civil Service Retirement System (CSRS).-
Bill History
- 01/06/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25102054D
- 01/06/2025 - Senate: Referred to Committee on Finance and Appropriations
- 01/18/2025 - Senate: Impact statement from TAX (SB943)
- 01/21/2025 - Senate: Passed by indefinitely in Finance and Appropriations (14-Y 0-N)
