IN HB1200 | 2018 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-09 - 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 9 2018 - 25% progression, died in committee
Action: 2018-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Income tax deduction for military income. Provides that income received for military service (other than qualified military income) or received as a retirement or a survivor's benefit paid because of an individual's military service is wholly deductible if the amount of the income is less than the specified maximum amount. Specifies that the maximum amount of the deduction for income received for military service (other than qualified military income) or received as a retirement or a survivor's benefit paid because of an individual's military service is equal to 12 times the monthly basic pay received as of July 1, 2017,
Title
Income tax deduction for military income. Provides that income received for military service (other than qualified military income) or received as a retirement or a survivor's benefit paid because of an individual's military service is wholly deductible if the amount of the income is less than the specified maximum amount. Specifies that the maximum amount of the deduction for income received for military service (other than qualified military income) or received as a retirement or a survivor's benefit paid because of an individual's military service is equal to 12 times the monthly basic pay received as of July 1, 2017,
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-09 | House | First reading: referred to Committee on Ways and Means |
| 2018-01-09 | House | Coauthored by Representatives Mayfield, Bartels and Bartlett |
| 2018-01-09 | House | Authored by Representative Lindauer |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2018/bills/house/1200/details |
| Text | http://iga.in.gov/static-documents/3/7/4/9/3749f4bc/HB1200.01.INTR.pdf |
