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Committee hears testimony on bill to exempt 100% disabled veterans' military retirement pay from state income tax
Summary
House Bill 2050A would create a state personal income tax subtraction for federal retirement pay received by certain veterans and enlisted retired guard/reservists. The House Revenue Committee held a public hearing on June 5, heard proponents and opponents, and closed the hearing without a committee vote.
The Oregon House Committee on Revenue held a public hearing on Thursday, June 5, on House Bill 2050A, which would create a personal income tax subtraction for federal retirement pay or pension received by certain veterans and retired members of the reserve components. The committee received testimony and closed the hearing; no vote was taken.
Representative Emily McIntyre (state representative, House District 56) described the bill as a narrowed effort to retain veterans who might otherwise move to states without income tax on military retirement. McIntyre said the measure began broader but was pared down to limit cost. "I am in Klamath County ... they brought up several people that were retiring and moving out of state to another state…
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