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A06213 Summary:
| BILL NO | A06213 |
| SAME AS | SAME AS S00697 |
| SPONSOR | Magnarelli (MS) |
| COSPNSR | Gottfried, Stirpe, Cook, Mosley, Lupardo, Steck, Benedetto, Pichardo, Arroyo, Schimminger, Englebright, Jones, Simon, Ortiz, Carroll, Barnwell, Cahill, Abbate, Rivera, Rosenthal L, Gunther, McDonough |
| MLTSPNSR | Braunstein, Hyndman, Thiele, Wright |
| 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 2021, $30,000 in 2022, $35,000 in 2023 and $40,000 for each subsequent year. | |