S 1007 General Bill, By Rose
Summary: Income tax exemption
    A BILL TO AMEND ARTICLE 9, CHAPTER 6, TITLE 12 OF THE 1976 CODE, BY ADDING SECTION 12-6-1165 TO EXEMPT FROM STATE INCOME TAX THE TAXABLE INCOME OF A RESIDENT INDIVIDUAL WHO HAS ATTAINED THE AGE OF SIXTY-FIVE AND TO ALLOW A MARRIED INDIVIDUAL WHO IS ELIGIBLE FOR THE EXEMPTION AND FILING A JOINT FEDERAL TAX RETURN WITH A SPOUSE WHO HAS NOT ATTAINED THE AGE OF SIXTY-FIVE TO APPLY THE EXEMPTION TO ALL TAXABLE INCOME REPORTED ON THE JOINT RETURN; AND TO AMEND SECTION 12-6-1170, RELATING TO RETIREMENT INCOME DEDUCTIONS FROM TAXABLE INCOME OF INDIVIDUALS, TO DELETE LANGUAGE ALLOWING AN INCOME TAX DEDUCTION FOR INDIVIDUALS SIXTY-FIVE AND OLDER.
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12/09/09	Senate	Prefiled
12/09/09	Senate	Referred to Committee on Finance
01/12/10	Senate	Introduced and read first time SJ-54
01/12/10	Senate	Referred to Committee on Finance SJ-54