2021 Session

Budget Amendments - SB1100 (Member Request)

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Chief Patron: Chase
Personal Income Tax Exemption; Retired Veterans; All Military Retirement Pay and Survivor Benefit Program Payments

Item 273 #3s

Item 273 #3s

First Year - FY2021 Second Year - FY2022
Department of Accounts Transfer Payments FY2021 $0 FY2022 $6,000,000 GF

Page 295, line 47, strike "$583,895,000" and insert "$589,895,000".


(This amendment provides $6 million GF the second year for the potential fiscal impact to administer the provisions of legislation to be introduced in the 2021 General Assembly Session, which provides for a personal income tax exemption for retired veterans, contingent upon its final passage.)