AZ SB1413

Amends Arizona Revised Statutes section 43-1022 to modify the subtraction for retired or retainer pay of uniformed services of the United States.

Changes the subtraction limit for uniformed services retirement pay from $2,500 (through December 31, 2018) to $3,500 (January 1, 2019 through December 31, 2020) to the full amount received (beginning January 1, 2021 onward).

Separates uniformed services retirement pay into paragraph 26, distinct from other federal retirement benefits covered under paragraph 2(a).

Effective for taxable years beginning after December 31, 2024.