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A00259 Summary:
| BILL NO | A00259A |
| SAME AS | SAME AS S02571-A |
| SPONSOR | Magnarelli |
| COSPNSR | Stirpe, Cook, Steck, Benedetto, Jones, Eachus |
| MLTSPNSR | |
| Amd §612, Tax L | |
| 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 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year. | |