Roadrunner Capitol Reports
Legislation Detail

HB 264 MILITARY RETIREMENT PAY TAX EXEMPTION SUNSET

Rep Harry Garcia

Actions: [4] HLVMC/HTRC-HLVMC [7] DP-HTRC

Scheduled: Not Scheduled

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Summary:
 House Bill 164 (HB 264) removes the sunset date for an income tax exemption for armed forces retirement pay.
Legislation Overview:
 House Bill 264 (HB 264) removes the sunset date for an income tax exemption for armed forces retirement pay that was set to expire in 2026. There is no change in the amount of pay exempted, $30,000.

HB 264 does not have an effective date. If passed and signed into law, the assumed effective date is 90 days after the end of the session, May 15.
Relates To: 
 HB 264 relates to SB 125.
Bill Docs