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A00690 Summary:

BILL NOA00690A
 
SAME ASSAME AS S00414-A
 
SPONSORMagnarelli
 
COSPNSRSkoufis, Titone, Stirpe, Gottfried, Cook, Mosley, Lupardo, Skartados, Steck, Benedetto, Hooper, Pichardo, Arroyo, Schimminger, Englebright, Jones, Simon, Ortiz, Carroll, Barnwell, Brindisi, Cahill, Abbate, Rivera, Rosenthal L, Gunther, Sepulveda
 
MLTSPNSRBraunstein, Hyndman, Magee, Thiele, Wright
 
Amd 612, Tax L
 
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2019, $30,000 in 2019, $35,000 in 2021 and $40,000 for each subsequent year.
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