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S00414 Summary:

BILL NOS00414A
 
SAME ASSAME AS A00690-A
 
SPONSORFELDER
 
COSPNSRAKSHAR, BOYLE, CARLUCCI, FUNKE, GALLIVAN, MARCHIONE, MURPHY, PHILLIPS, RANZENHOFER, SERINO, TEDISCO
 
MLTSPNSR
 
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 2020, $35,000 in 2021 and $40,000 for each subsequent year.
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