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S02047 Summary:
BILL NO | S02047 |
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SAME AS | SAME AS A00208 |
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SPONSOR | FELDER |
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COSPNSR | CANZONERI-FITZPATRICK, RHOADS, ROLISON |
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MLTSPNSR | |
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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 2025, $30,000 in 2026, $35,000 in 2027 and $40,000 for each subsequent year. |