HB 1308 Summary

• Exempts military pay earned by members of active components of the United States armed forces from Indiana individual income tax, effective January 1, 2011 (retroactive).

• Expands the existing exemption which previously only covered National Guard and reserve component members serving on active duty.

• Defines "qualified military income" to include wages paid to active duty service members and reserve/National Guard members serving on involuntary orders, during mobilization and deployment, or when National Guard units are federalized.

• Repeals the previous definition of qualified military income in IC 6-3-1-34.

• Declares an emergency for the act's enactment.