General Assembly |
Proposed Bill No. 520 |
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January Session, 2015 |
LCO No. 2219 | ||||
*02219* | |||||
Referred to Committee on VETERANS' AFFAIRS |
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Introduced by: |
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SEN. LOONEY, 11th Dist. SEN. DUFF, 25th Dist. SEN. BARTOLOMEO, 13th Dist. SEN. CASSANO, 4th Dist. SEN. COLEMAN, 2nd Dist. SEN. CRISCO, 17th Dist. SEN. DOYLE, 9th Dist. SEN. FLEXER, 29th Dist. |
REP. GENGA, 10th Dist. SEN. GERRATANA, 6th Dist. SEN. LARSON, 3rd Dist. SEN. LEONE, 27th Dist. SEN. OSTEN, 19th Dist. SEN. SLOSSBERG, 14th Dist. SEN. WINFIELD, 10th Dist. | ||||
AN ACT CONCERNING 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.