Proposed S.B. No. 203
Session Year 2019
 


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.

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 1/23/2019Referred to Joint Committee on Finance, Revenue and Bonding

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