IN SB0216 | 2012 | Regular Session
Status
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 4 2012 - 25% progression, died in committee
Action: 2012-01-09 - Senator Tomes added as coauthor
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 4 2012 - 25% progression, died in committee
Action: 2012-01-09 - Senator Tomes added as coauthor
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides a 100% income tax deduction, beginning in 2017, for federal civil service annuity income received by an individual or the individual's surviving spouse after subtracting Social Security benefits and railroad retirement benefits. Phases in the deduction from 2013 through 2016. Removes the requirement that an individual must be at least 62 years of age to be eligible for the federal civil service annuity income tax deduction. Provides that an individual's surviving spouse may be eligible for the federal civil service annuity income tax deduction.
Title
Taxation of civil service annuities.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-09 | Senator Tomes added as coauthor | |
| 2012-01-09 | Senator Waterman added as coauthor | |
| 2012-01-04 | First reading: referred to Committee on Tax and Fiscal Policy | |
| 2012-01-04 | Authored by Senator Skinner |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2012&session=1&request=getBill&doctype=SB&docno=0216 |
| Text | http://www.in.gov/legislative/bills/2012/IN/IN0216.1.html |
