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SB 188 DE
Became Law

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO EXCLUSION OF MILITARY PENSIONS FROM TAXABLE INCOME.

DE · session 151 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 27, 2022

Latest action (Jul 20, 2022) Signed by Governor

Summary

This Act increases the $2,000 pension exclusion otherwise available for military pensioners under age 60 to $12,500, providing an incentive for military retirees under age 60 to locate in Delaware. This Act is effective for tax years beginning on or after January 1, 2022.

Sponsors (7)

26 coauthors / cosponsors

Action history (12)

  1. Jan 27, 2022 Adopted in lieu of the original bill SB 188, and Assigned to Banking, Business & Insurance Committee in Senate · upper
  2. Mar 9, 2022 Reported Out of Committee (Banking, Business & Insurance) in Senate with 3 Favorable, 3 On Its Merits · upper
  3. Mar 9, 2022 Assigned to Finance Committee in Senate · upper
  4. Mar 10, 2022 Reported Out of Committee (Finance) in Senate with 4 Favorable · upper
  5. Mar 15, 2022 Passed By Senate. Votes: 21 YES · upper
  6. Mar 16, 2022 Assigned to Revenue & Finance Committee in House · lower
  7. May 11, 2022 Re-Assigned to Veterans Affairs Committee in House · lower
  8. May 17, 2022 Reported Out of Committee (Veterans Affairs) in House with 9 Favorable, 5 On Its Merits · lower
  9. Jun 14, 2022 Assigned to Appropriations Committee in House · lower
  10. Jun 15, 2022 Reported Out of Committee (Appropriations) in House with 5 On Its Merits · lower
  11. Jun 21, 2022 Passed By House. Votes: 41 YES · lower
  12. Jul 20, 2022 Signed by Governor · executive

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