Relating to an income tax subtraction for military pay; prescribing an effective date.
Catchline/Summary:
Modifies subtraction from personal income tax for military pay. Modifies subtraction from personal income tax for military pay. Allows subtraction for active service by member of Armed Forces.
Applies to tax years beginning on or after January 1, 2015.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 3556 House Committee On Revenue
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