HB86 - Taxable net income; retirement benefits; military service; state tax; exempt
HB86 - Taxable net income; retirement benefits; military service; state tax; exempt
Sponsored by: Forster,Ronald 3rd
A BILL to be entitled an Act to amend Code Section 48-7-27 of the Official Code of Georgia Annotated, relating to computation of taxable net income, so as to provide that retirement or compensation received as retirement benefits from military service shall not be subject to state income tax; to provide for conditions and limitations; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.