IN SB0286 | 2015 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 12-6)
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-02-10 - Senator Head added as coauthor
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-02-10 - Senator Head added as coauthor
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Taxation of civil service annuities. Provides that the maximum state income tax deduction for federal civil service annuity income is equal to the lesser of: (1) the amount of federal civil service annuity income received during the taxable year; or (2) the average annual federal Social Security retirement benefit paid to Indiana retired workers during the calendar year preceding the taxpayer's taxable year. Retains the provision that reduces the deduction by the amount of any federal Social Security and railroad retirement benefits received by the taxpayer during the taxable year. Provides that the deduction is also available to a surviving
Title
Taxation of civil service annuities. Provides that the maximum state income tax deduction for federal civil service annuity income is equal to the lesser of: (1) the amount of federal civil service annuity income received during the taxable year; or (2) the average annual federal Social Security retirement benefit paid to Indiana retired workers during the calendar year preceding the taxpayer's taxable year. Retains the provision that reduces the deduction by the amount of any federal Social Security and railroad retirement benefits received by the taxpayer during the taxable year. Provides that the deduction is also available to a surviving
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-02-10 | Senate | Senator Head added as coauthor |
2015-02-03 | Senate | Senator Bassler added as coauthor |
2015-02-02 | Senate | Senator Holdman added as coauthor |
2015-01-29 | Senate | Senator Lanane added as coauthor |
2015-01-26 | Senate | Senator Breaux added as coauthor |
2015-01-26 | Senate | Senator Niemeyer added as coauthor |
2015-01-22 | Senate | Senator Messmer added as coauthor |
2015-01-20 | Senate | Senator Mrvan added as coauthor |
2015-01-20 | Senate | Senators Stoops, Steele, Alting, Kruse, Randolph, Rogers added as coauthors |
2015-01-20 | Senate | Senator Houchin added as coauthor |
2015-01-08 | Senate | Senator Grooms added as third author |
2015-01-08 | Senate | First Reading: referred to Committee on Tax & Fiscal Policy |
2015-01-08 | Senate | Authored by Senators Tomes and Becker |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2015/bills/senate/286/details |
Text | http://iga.in.gov/static-documents/d/8/f/7/d8f79ded/SB0286.01.INTR.pdf |