Bill Text: CT HB05114 | 2015 | General Assembly | Introduced
Bill Title: An Act Increasing The Exemption From The Income Tax For Military Retirement Pay.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-01-07 - Referred to Joint Committee on Veterans' Affairs [HB05114 Detail]
Download: Connecticut-2015-HB05114-Introduced.html
General Assembly |
Proposed Bill No. 5114 |
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January Session, 2015 |
LCO No. 323 | ||||
*00323* | |||||
Referred to Committee on VETERANS' AFFAIRS |
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Introduced by: |
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REP. FRANCE, 42nd Dist. |
AN ACT INCREASING THE EXEMPTION FROM THE INCOME TAX FOR MILITARY RETIREMENT PAY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That subparagraph (B)(xvii) of subdivision (20) of subsection (a) of section 12-701 of the general statutes be amended to provide a one hundred per cent exemption from the income tax for military retirement pay.
Statement of Purpose:
To increase the exemption from state income tax on military retirement pay from fifty per cent to one hundred per cent.