SB 85/FN (BR 1253) - E. Tori, J. Pendleton, W. Blevins Jr., C. Borders, D. Boswell, T. Buford, C. Gibson, B. Guthrie, D. Harper Angel, E. Harris, T. Jensen, D. Kelly, A. Kerr, G. Neal, J. Rhoads, D. Ridley, D. Roeding, D. Thayer, J. Turner, J. Westwood, D. Williams, K. Winters, E. Worley
AN ACT relating to the taxation of military pay.
Amend KRS 141.010 to exclude from the definition of "adjusted gross income," for tax years beginning on or after January 1, 2009, all compensation received for active duty service in the United States Armed Forces including the National Guard and Reserve.
SB 85 - AMENDMENTS
SCS - Create new sections of KRS Chapter 42 to establish the military service rebate fund for qualified military members; provide that the fund consists of moneys collected from grants, contributions, gifts, donations, and appropriations; direct the Finance and Administration Cabinet to administer the fund; make the fund effective on or after July 1, 2009.
SCA (1/Title, E. Tori) - Make title amendment.
Jan 15-introduced in Senate
Jan 17-to Appropriations & Revenue (S)
Jan 29-taken from committee; 1st reading; reassigned to Veterans, Military Affairs, & Public Protection (S)
Jan 31-reported favorably, to Rules with Committee Substitute, committee amendment (1-title) ; posted for passage in the Regular Orders of the Day for Monday, February 4, 2008
Feb 4-3rd reading, passed 34-0 with Committee Substitute, committee amendment (1-title)
Feb 5-received in House
Feb 11-to Appropriations & Revenue (H)
Mar 17-discharge petition filed