Senate Bill 13 Summary

• Exempts retirement benefits received by retired members of the uniformed services from Arkansas state income tax

• Exempts survivor benefits received by beneficiaries of uniformed services survivor benefit plans from state income tax

• Defines "uniformed services" as the Army, Marine Corps, Navy, Air Force, Coast Guard, Public Health Service Commissioned Corps, National Oceanic and Atmospheric Administration Commissioned Officer Corps, federal reserve components of these services, and the National Guard of any state

• Allows taxpayers to claim exemptions under both the existing retirement benefits provision (up to $6,000) and the new uniformed services provision if benefits are received from different retirement systems, plans, or programs

• Effective for tax years beginning on or after January 1, 2017