Latest Action:
Introduced
The bill aims to expand the municipal income tax exemption for military pay, providing service members with additional tax relief. It proposes allowing municipalities to exempt a higher portion of military pay from local income taxes, thereby reducing the tax burden on active-duty military personnel. This change would offer financial benefits to service members and their families stationed in municipalities that choose to implement this exemption, potentially improving retention rates and overall well-being among military personnel.
2023-03-21: Introduced
2023-03-28: Referred to committee: Ways and Means
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