AN ACT COORDINATING THE RATE OF DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION PAYMENTS AND ANNUITY DISTRIBUTIONS WITH THE INCREASING DEDUCTION THRESHOLD FOR SUCH INCOME.
To require the Department of Revenue Services to coordinate the rate of deduction and withholding of personal income tax with payers of pension payments and annuity distributions, for payees eligible for the increasing deduction threshold for pension or annuity income.
Introduced by:Sen. George S. Logan, 17th Dist.
|New today||2-4 days old||5 days & older|
Add Notes to SB-203
Co-sponsors for Amendment LCO:
|1/23/2019||Referred to Joint Committee on Finance, Revenue and Bonding|