Introduced by Rep. Joseph Bellino, Jr. (R) on January 9, 2019 To exempt from state income tax individual income that comes from a government pension, or up to $51,570 ($103,140 for joint filers, both figures indexed to inflation) in income from retirement savings account distributions (including 401ks and IRAs). Under current law, as enacted as part of a 2011 tax reform and business tax cut, taxpayers born before 1946 get these exemptions, those born before 1952 get a partial exemption, and those born later get no exemption. Official Text and Analysis.
Referred to the House Tax Policy Committee on January 9, 2019
Reported in the House on February 28, 2019 Referred to the Committee on Ways and Means.
Referred to the House Ways and Means Committee on February 28, 2019