The Personal Income Tax Law, in modified conformity with federal income tax laws, allows various exclusions from gross income, including an exclusion for military compensation of a servicemember not domiciled in this state for services performed or from sources with within this state.
This bill, for taxable years beginning on or after January 1, 2020, would exclude from gross income all income from any source received by active duty servicemembers while on active duty in this state and all income for an applicable time period, as defined, after being honorably discharged.
This bill would take
effect immediately as a tax levy.