2021 Senate Bill 467

Exempt certain pension income from state income tax

Introduced in the Senate

May 20, 2021

Introduced by Sen. Jim Runestad (R-15)

To repeal the age-based limitations and restrictions on income tax deductions for retirement and pension benefits that were enacted as part of a 2011 tax reform and business tax cut, and slightly increase a related deduction.

Referred to the Committee on Finance

June 10, 2021

Reported without amendment

With the recommendation that the bill pass.