HB 1053 - INCOME TAX - Tax Exempt Military Retirement Pay - 2019

Tax Exempt Military Retirement Pay

Pre-approved by Commissioner, ACOVA and NDVLC

A BILL for an Act to create and enact a new subdivision to subsection 2 of section 57-38-30.3 of the North Dakota Century Code, relating to an income tax deduction for retired military personnel benefits; and to provide an effective date.

• Exempt Military retirement for ND Veterans and surviving spouses from ND state income tax

HOUSE AMENDMENTS AND ACTIONS

• Committee reported back DO PASS 8-5-1 HJ 362
• Referred to Appropriations  HJ 362
• Committee recommended DO NOT PASS 15-6-0 HJ 789
• PASSED HOUSE 50-42 HJ 898

SENATE AMENDMENTS AND ACTIONS

• Committee recommended DO PASS 5-1-0 SJ 964
• Referred to Senate Appropriations SJ 964
• Committee recommneded DO PASS 7-6-1 SJ 1139
• Amendment on Floor to make effective for those retiring after 2018 Failed SJ 1155
• PASSED SENATE 38-6 SJ 1155

FISCAL NOTE: $3,000,000 (General Fund)

SIGNED BY GOVERNOR 4/8/2019 HJ 1631

• Effective date: Taxable years after 12/31/2018
• Information on implementation of exemption