2023 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Krizek
HB 1975: Income Deduction for Foreign Service Retirement Benefits

Item 276 #6h

Item 276 #6h

First Year - FY2023 Second Year - FY2024
Department of Taxation FY2023 $0 FY2024 $50,000 GF

Page 314, line 33, strike "$51,062,880" and insert "$51,112,880".


(This amendment appropriates from the general fund in the second year for House Bill 1975 which provides for an income tax deduction for Foreign Service retirement benefits. Funding provided in this amendment is intended to support administrative costs to the Department of Taxation to implement the provisions of this legislation. This is a placeholder amendment until a final fiscal impact statement is produced.)