Text: HF02440 Text: HF02442 Text: HF02400 - HF02499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 422.7, Code Supplement 2001, is amended
1 2 by adding the following new subsection:
1 3 NEW SUBSECTION. 25A. Subtract, to the extent included,
1 4 active duty pay received by a person in the national guard or
1 5 armed forces military regular or reserve units when on active
1 6 duty on or after January 1, 2002.
1 7 Sec. 2. EFFECTIVE AND APPLICABILITY DATE. This Act, being
1 8 deemed of immediate importance, takes effect upon enactment
1 9 and applies retroactively to January 1, 2002, for tax years
1 10 beginning on or after that date.
1 11 EXPLANATION
1 12 This bill exempts from the individual income tax active
1 13 duty pay of a person in the national guard or the armed forces
1 14 regular or reserve units when on active duty on or after
1 15 January 1, 2002.
1 16 The bill takes effect upon enactment and applies
1 17 retroactively to January 1, 2002, for tax years beginning on
1 18 or after that date.
1 19 LSB 6228HH 79
1 20 mg/sh/8
Text: HF02440 Text: HF02442 Text: HF02400 - HF02499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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