Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater
Summary
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 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2025
Last action May 27, 2025
Maddy AI version diff · 1 comparison
What changed between versions
S2571
→
S2571A
·
3 edits
MINOR
This bill was amended to add Senator ROLISON as a co-sponsor and to update the committee status to reflect that it has been discharged, amended, and recommitted. The substantive policy content regarding pension and annuity tax exemptions remains unchanged, with only minor formatting adjustments to line breaks.
Scope change
No substantive change to the bill's scope or applicability; only procedural updates to sponsorship and committee status.
PROCEDURAL
Added Senator ROLISON as a co-sponsor alongside Senator FELDER.
Updated committee status to show the bill was discharged, amended, and recommitted after previous committee action.
TECHNICAL
Minor formatting changes to line breaks and document headers; no substantive policy changes.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
1
Amendments
2
Feb 26, 2025
Upper · Passed
PRINT NUMBER 2571A
upper
Feb 26, 2025
Upper · Passed
AMEND AND RECOMMIT TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
Jan 21, 2025
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
1 primary · 1 co-sponsor
Sponsors
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