Plain English Breakdown
The official source material does not specify which state's laws are being changed or the effective date of the changes.
Removing Income Limits for Social Security Tax Breaks
This act removes the income limits that people must meet to claim a tax deduction on their Social Security benefits.
What This Bill Does
- Removes the income requirements needed to claim a personal income tax deduction for Social Security benefits.
Who It Names or Affects
- People who receive Social Security benefits and pay personal income taxes in the state.
Terms To Know
- Social Security Benefits
- Money paid by the government to retired or disabled people, their spouses, and children.
- Personal Income Tax Deduction
- An amount that can be subtracted from a person's income before calculating how much tax they owe.
Limits and Unknowns
- The bill does not specify when the changes will take effect.
- It is unclear which state's laws this act aims to change, as no specific state is mentioned in the summary.