SB 201 DE
AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO EXCLUSION OF MILITARY PENSIONS FROM TAXABLE INCOME.
A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →
Summary
Of the 41 states with a state income tax, 27 states fully exempt military retirement pay from state income taxes and 12 states partially exempt military retirement pay. In 2022, Delaware increased the pension exclusion for military pensioners under 60 to $12,500. This Act phases in, over 3 years, an increased exemption for military pensions from state income taxation, regardless of age, so that in taxable years beginning on or after January 1, 2026, the exemption will be $25,000 for all military pensioners.
Sponsors (13)
- Eric Buckson Republican · primary
- Spiros Mantzavinos Democratic · primary
- Sherry Dorsey Walker · primary
- Laura V. Sturgeon Democratic · primary
- William Bush Democratic · primary
- Stell Parker Selby · primary
- Valerie Longhurst · primary
- Brian Pettyjohn Republican · primary
- David L. Wilson Republican · primary
- Ronald E. Gray Republican · primary
- Shannon Morris Republican · primary
- Bryan W. Shupe Republican · primary
- Michael F. Smith Republican · primary
Action history (2)
- Jan 4, 2024 Introduced and Assigned to Executive Committee in Senate · upper
- Feb 29, 2024 Amendment SA 1 to SB 201 - Introduced and Placed With Bill · upper
Full text
The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.
Comments
Data from OpenStates. View on OpenStates →
Comments