Exempts from state income tax for a taxpayer who is a veteran all retirement pay or pension received for service in the Armed Forces of the United States.

Taxes

Passed Legislature

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

Sponsor: Senator Smith DB
Last action: 2025-06-27
Official status: In Senate 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

2025-06-27 Senate
In committee upon adjournment.
2025-01-17 Senate
Referred to Finance and Revenue.
2025-01-13 Senate
Introduction and first reading. Referred to President's desk.

Official Summary Text

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).
Exempts from state income tax for a taxpayer who is a veteran all retirement pay or pension received for service in the Armed Forces of the United States. 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 Senate Committee