Increases gross income tax deduction available to veterans from $6,000 to $9,000 and indexes deduction for inflation.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill increases the amount of the state income tax deduction that eligible veterans can take each year. Currently, veterans can deduct $6,000, but this bill raises that amount to $9,000. Furthermore, the deduction will automatically increase each year to account for inflation, using the Chained Consumer Price Index.
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Sponsors
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5 on record
Primary sponsors
Michael Testa
Cosponsors
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