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HB2050 • 2025

Exempts from state income tax all federal retirement pay or pension received for service in the Armed Forces of the United States for a taxpayer who is a disabled veteran or member of a reserve component or the National Guard.

Exempts from state income tax all federal retirement pay or pension received for service in the Armed Forces of the United States for a taxpayer who is a disabled veteran or member of a reserve component or the National Guard.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative McIntire,, Reschke,, Yunker, Representative Boice,, Tran,
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-06-05 House

    Public Hearing held.

  3. 2025-04-15 House

    Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Revenue by prior reference.

  4. 2025-04-15 House

    Referred to Revenue by prior reference.

  5. 2025-04-08 House

    Work Session held.

  6. 2025-04-03 House

    Work Session held.

  7. 2025-03-18 House

    Public Hearing held.

  8. 2025-01-17 House

    Referred to Emergency Management, General Government, and Veterans with subsequent referral to Revenue.

  9. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

<b>Digest: The Act exempts from state income tax all federal retirement pay or pension received for service in the Armed Forces by certain members of the Armed Forces. The Act applies to tax years that start on or after January 1, 2026. (Flesch Readability Score: 60.1).</b>
[<i>Digest: Exempts from state income tax for a veteran all retirement pay or pension received for service in the Armed Forces. The Act applies to tax years that start on or after January 1, 2026. (Flesch Readability Score: 60.1).</i>]
Exempts from state income tax [<i>for a taxpayer who is a veteran</i>] all <b>federal</b> retirement pay or pension received for service in the Armed Forces of the United States <b>for a taxpayer who is a disabled veteran or member of a reserve component or the National Guard</b>. Applies to tax years beginning on or after January 1, 2026.
Relating to: Relating to a taxable income exemption for taxpayers who are a veteran.
Current location: In House Committee