BILL NO | A06413B |
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SAME AS | SAME AS S02903-C
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SPONSOR | Magnarelli |
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COSPNSR | Skoufis, Titone, Stirpe, Gottfried, Cook, Mosley, Lupardo, Skartados, Steck, Benedetto, Hooper,
Pichardo, Arroyo, Schimminger, Linares |
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MLTSPNSR | Braunstein, Englebright, Magee, Markey, Rivera, Thiele |
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Amd §612, Tax L |
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Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2017, $30,000 in 2018, $35,000 in 2019 and $40,000 for each subsequent year. |