Proposed S.B. No. 902
Session Year 2025
 


AN ACT CONCERNING THE DEDUCTION AND WITHHOLDING OF PERSONAL INCOME TAX FROM PENSION PAYMENTS AND ANNUITY DISTRIBUTIONS.

To eliminate the requirement that payers deduct and withhold personal income tax from lump-sum payments of pension payments and annuity distributions.

Introduced by:
Sen. Catherine A. Osten, 19th Dist.

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 Proposed Bill  [doc]
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Bill History

 Date Action Taken
 1/22/2025Referred to Joint Committee on Finance, Revenue and Bonding

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