Senate Bill No. 216 Summary

• Provides a phased income tax deduction for federal civil service annuity income beginning in 2013, reaching 100% deduction by 2017, calculated after subtracting Social Security and railroad retirement benefits.

• Phases in the deduction at 20% (2013), 40% (2014), 60% (2015), and 80% (2016) before reaching full deduction in 2017 and beyond.

• Removes the requirement that individuals must be at least 62 years of age to claim the federal civil service annuity income tax deduction.

• Extends eligibility for the deduction to an individual's surviving spouse in addition to the annuity recipient.

• Effective July 1, 2012, with the deduction formula changes applicable to taxable years beginning after 2012.