Bill
Bill > S0129
summary
Introduced
02/26/2019
02/26/2019
In Committee
02/26/2019
02/26/2019
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 State income tax. The exemption is phased in over two years.
AI Summary
This bill proposes to exempt United States military retirement pay from Vermont's state income tax. The exemption is phased in over two years, with one-half of the military retirement pay exempt in 2019 and the full amount exempt starting in 2020 and beyond. The bill states that the purpose of this exemption is to recognize the military service of Vermonters who receive a portion of their income in the form of military retirement pay.
Committee Categories
Budget and Finance
Sponsors (12)
Brian Collamore (R)*,
Joseph Benning (R),
Chris Bray (D),
Randy Brock (R),
Cheryl Hooker (D),
Debbie Ingram (D),
Dick Mazza (D),
Jim McNeil (R),
Corey Parent (R),
Anthony Pollina (D),
Robert Starr (D),
Richard Westman (R),
Last Action
Read 1st time & referred to Committee on Finance (on 02/26/2019)
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/S.129 |
| BillText | https://legislature.vermont.gov/Documents/2020/Docs/BILLS/S-0129/S-0129%20As%20Introduced.pdf |
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