IN HB1015 | 2022 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 4 2022 - 25% progression, died in committee
Action: 2022-01-10 - Representatives Judy and DeLaney added as coauthors
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Income tax exemption for military pay. Exempts military pay earned by members of an active component of the armed forces of the United States from the individual income tax. Phases in the exemption over four years beginning in taxable year 2024. (Current law exempts from the individual income tax the military pay earned by members of the National Guard and reserve components of the armed forces of the United States while serving on active duty.)

Tracking Information

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Title

Income tax exemption for military pay.

Sponsors


History

DateChamberAction
2022-01-10HouseRepresentatives Judy and DeLaney added as coauthors
2022-01-04HouseFirst reading: referred to Committee on Ways and Means
2022-01-04HouseCoauthored by Representative Jeter
2022-01-04HouseAuthored by Representative Frye R

Indiana State Sources


Bill Comments

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