KY HB96 | 2022 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 7-1)
Status: Introduced on January 4 2022 - 25% progression, died in committee
Action: 2022-01-04 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2022 - 25% progression, died in committee
Action: 2022-01-04 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 141.019 to exclude all distributions from military pension plans received by retired members of the United States military and their surviving spouses or former spouse under a survivor benefit plan from income taxation for taxable years beginning on or after January 1, 2022, and before January 1, 2026; require reporting by the Department of Revenue; amend KRS 131.190 to conform.
Title
AN ACT relating to an exemption of income taxation for military pensions.
Sponsors
| Rep. Walker Thomas [R] | Rep. Chris Freeland [R] | Rep. Chris Fugate [R] | Rep. Richard Heath [R] |
| Rep. Regina Huff [R] | Rep. Ed Massey [R] | Rep. Nancy Tate [R] | Rep. Buddy Wheatley [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-04 | House | to Committee on Committees (H) |
| 2022-01-04 | House | introduced in House |
| 2021-12-02 | House | Prefiled by the sponsor(s). |
Subjects
Fiscal Note
Military Affairs and Civil Defense
Retirement and Pensions
Taxation
Taxation, Income--Individual
Veterans
Military Affairs and Civil Defense
Retirement and Pensions
Taxation
Taxation, Income--Individual
Veterans
