Bill Text: IN HB1077 | 2015 | Regular Session | Introduced
Bill Title: Taxation of civil service annuities. Provides that the maximum state income tax deduction for federal civil service annuity income is equal to the lesser of: (1) the amount of federal civil service annuity income received during the taxable year; or (2) the average annual federal Social Security retirement benefit paid to Indiana retired workers during the calendar year preceding the taxpayer's taxable year. Retains the provision that reduces the deduction by the amount of any federal Social Security and railroad retirement benefits received by the taxpayer during the taxable year. Provides that the deduction is also available to a surviving
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Introduced - Dead) 2015-01-06 - Authored by Representative Clere [HB1077 Detail]
Download: Indiana-2015-HB1077-Introduced.pdf