HB1292
Income tax, state; subtraction for professional firefighter pension.
Summary
As Introduced. Income tax subtraction; professional firefighter pension.
Establishes an income tax subtraction for up to $20,000 of firefighter benefits in taxable year 2024, up to $30,000 in taxable year 2025, and up to $40,000 in taxable year 2026 and each year thereafter. The bill defines firefighter benefits to include retirement income related to firefighting services and benefits ... (More) paid to the surviving spouse of a firefighter whose death occurred in the line of duty. (Less)-
Bill History
- 01/10/2024 - House: Prefiled and ordered printed; offered 01/10/24 24102658D
- 01/10/2024 - House: Referred to Committee on Finance
- 02/02/2024 - House: Assigned Finance sub: Subcommittee #1
- 02/02/2024 - House: Impact statement from TAX (HB1292)
- 02/05/2024 - House: House subcommittee amendments and substitutes offered
- 02/05/2024 - House: Subcommittee recommends continuing to 2025 with substitute
- 02/07/2024 - House: Committee substitute posted to LIS only 24107082D-H1
- 02/07/2024 - House: Continued to 2025 with substitute in Finance
