Relating to taxable income exemption for military retirement compensation.
Summary
Exempts from state income tax retirement pay or pension received as result of service in Armed Forces of the United States. Applies to tax years beginning on or after January 1, 2024.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2023
Last action Jun 25, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
1
Committee
2
Jun 25, 2023
Upper · Passed
In committee upon adjournment.
upper
Jan 14, 2023
Committee
Referred to Finance and Revenue.
upper
Jan 9, 2023
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
James Manning
DDemocratic
Co
David Smith
RRepublican
Co
Fred Girod
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 515
Scope: OR
Hi! I can help you understand SB 515. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline