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ND HB1254

Bill

Official Source

Status

Introduced

1/14/2013

Primary Sponsor

Blair Thoreson

Click for details

Origin

House of Representatives

63rd Legislative Assembly

AI Summary

  • Creates a new income tax deduction under North Dakota Century Code section 57-38-30.3 for retired military personnel pay.

  • Allows taxpayers to deduct amounts received as retired military pay from service in the United States Army, Navy, Air Force, Coast Guard, or Marine Corps, including reserve components and state National Guard.

  • Limits the deduction to amounts that were included in federal taxable income.

  • Effective for taxable years beginning after December 31, 2012.

Legislative Description

An income tax deduction for retired military personnel pay; and to provide an effective date.

Last Action

Second reading, failed to pass, yeas 43 nays 50

2/27/2013

Committee Referrals

Finance and Taxation1/14/2013

Full Bill Text

No bill text available