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Bill > H0791
VT H0791
VT H0791An act relating to exempting military retirement pay from Vermont’s personal income tax
summary
Introduced
01/21/2020
01/21/2020
In Committee
01/21/2020
01/21/2020
Crossed Over
Passed
Dead
09/25/2020
09/25/2020
Introduced Session
2019-2020 Session
Bill Summary
This bill proposes to exempt military retirement pay from Vermontâ??s personal income tax.
AI Summary
This bill proposes to exempt military retirement pay from Vermont's personal income tax. The bill amends the state's personal income tax law to allow a deduction for federally taxable military retirement pay. The purpose of this exemption is to recognize the military service of Vermonters who receive military retirement income. The bill is set to take effect on January 1, 2021 and apply to taxable year 2021 and after.
Committee Categories
Budget and Finance
Sponsors (28)
James Gregoire (R)*,
Robert Bancroft (R),
Lynn Batchelor (R),
Tom Burditt (R),
Anne Donahue (I),
Marianna Gamache (R),
Kenneth Goslant (R),
Rodney Graham (R),
Lisa Hango (R),
Mark Higley (R),
Rob LaClair (R),
Marcia Martel (R),
Christopher Mattos (R),
Topper McFaun (R),
Leland Morgan (R),
Mary Morrissey (R),
Linda Myers (R),
Logan Nicoll (D),
Terry Norris (I),
Dan Noyes (D),
Woody Page (R),
Kelly Pajala (I),
John Palasik (R),
Carl Rosenquist (R),
Brian Savage (R),
Patrick Seymour (R),
Vicki Strong (R),
Casey Toof (R),
Last Action
House Committee on Ways and Means Hearing (00:00 1/24/2020 ) (on 01/24/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.vermont.gov/bill/status/2020/H.791 |
| BillText | https://legislature.vermont.gov/Documents/2020/Docs/BILLS/H-0791/H-0791%20As%20Introduced.pdf |
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