SB 629 - Current law authorizes an income tax deduction for retirement benefits received by a taxpayer for the taxpayer's service in the Armed Forces of the United States, including reserve components and the National Guard. This act makes a technical correction to ensure that one hundred percent of such benefits may be deducted without any reductions. This act is identical to a provision contained in SS/SCS/SB 120 (2021).
JOSH NORBERG