IN HB1172 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2020 - 25% progression, died in committee
Action: 2020-01-08 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2020 - 25% progression, died in committee
Action: 2020-01-08 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Income tax exemption for military pay. Exempts military pay earned by members of an active component of the armed forces of the United States from the individual income tax. Phases in the exemption over four years beginning in taxable year 2022. (Current law exempts from the individual income tax the military pay earned by members of the National Guard and reserve components of the armed forces of the United States while serving on active duty.)
Title
Income tax exemption for military pay.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-08 | House | First reading: referred to Committee on Ways and Means |
| 2020-01-08 | House | Authored by Representative Frye R |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2020/bills/house/1172/details |
| Text | http://iga.in.gov/static-documents/c/4/d/8/c4d8dd56/HB1172.01.INTR.pdf |
