SB 633 – Exempts military pensions and retirement incomes from income taxation

• Sponsor: Loudon
• LR Number: 0737S.02I
• Committee: Ways & Means
• Last Action: 3/1/2007 - Second Read and Referred S Ways & Means Committee
• Journal Page: S388
• Effective Date: January 1, 2008

Current Bill Summary

SB 633 - This act exempts annuities, pensions and retirement income provided as a result of service in the armed forces of the United States or a reserve component of the armed forces from income taxation.

This act shall become effective January 1, 2008.

This act is similar to Senate Bill 1089 (2006).

JASON ZAMKUS