IN SB0427 | 2011 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-01-12 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-01-12 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides a 100% income tax deduction, beginning in 2016, 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 2012 through 2015. 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 |
|---|---|---|
| 2011-01-12 | First reading: referred to Committee on Tax and Fiscal Policy | |
| 2011-01-12 | Authored by Senator Skinner |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=SB&docno=0427 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN0427.1.html |
