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Committee advances military pension tax subtraction to the Senate floor with a due‑pass recommendation
Summary
Senate Bill 225A would create a personal income tax subtraction for military pension income — exempting up to $17,500 (indexed) for taxpayers meeting an age requirement — and was moved to the floor with a due‑pass recommendation; fiscal staff estimated a roughly $13.3 million revenue loss in 2025–27.
Committee staff introduced Senate Bill 225A during the May 28 work session and summarized the proposal to create a personal income tax subtraction for military pension income.
Staff explained: “It does require a taxpayer to be 60 63 years of age or older. And if they are receiving military pension income, it would…
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