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Bill Summary for Bill Number SB17-075 Date: 01/24/2017
Location: SCR 357
Final
BILL SUMMARY for SB17-075

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer Senate Bill 17-075 to the Committee on Appro PASS



02:15 PM -- SB17-075

Senator Crowder, prime sponsor, presented Senate Bill 17-075, which allows an income tax deduction for all annual military retirement benefits received by individuals of all ages beginning in tax year 2017. Other, non-military income is still subject to the existing deduction limits. Senator Crowder responded to a committee question regarding a similar bill that was introduced, but not passed, in 2016.

02:18 PM --
Frank McGirdy, representing the United Veterans Committee, testified in support of the bill.

02:22 PM --
John Toth, representing the United Veterans Committee, testified in support of the bill.

02:28 PM --
Michelle Kalkowski, representing the United Veterans Committee, testified in support of the bill. Committee discussion ensued on the fiscal impact of the bill.

02:42 PM --
Phil Ross, representing himself, testified in support of the bill.

02:47 PM --
Sophia San Miguel, representing herself, testified on the bill.

02:49 PM --
Steve Rylant, representing the United Veterans Committee, testified in support of the bill.

02:52 PM -- Diane Robinson, representing the Senior Lobby, testified in support of the bill.
BILL: SB17-075
TIME: 03:02:01 PM
MOVED: Hill
MOTION: Refer Senate Bill 17-075 to the Committee on Appropriations. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Court
Yes
Kerr
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS



03:05 PM

The committee adjourned.