Final
BILL SUMMARY for
HB05-1283
HOUSE
COMMITTEE ON
FINANCE
Votes:
Action Taken:
Moved a technical change that would make it clear
Moved amendment L.002. (The amendment makes a tech
Refer HB 05-1283, as amended, to the Committee on
Pass Without Objection
Pass Without Objection
PASS
06:31 PM -- House Bill 05-1283 - Concerning Exemptions from State Income Taxes for U.S. Armed Forces
Representative Witwer, prime sponsor, distributed amendment L.002 (technical change) (Attachment Q) to committee members and discussed the provisions of House Bill 05-1283. He explained that beginning January 1, 2006, House Bill 05-1283 subtracts any income included in Federal taxable income earned by a member of the armed forces of the United States for active duty in calculating the individual's state income tax liability. The bill caps the amount of the deduction at $40,000 for active duty personnel and $6,500 for members of the military reserves of national guard not on active duty. Representative Witwer explained that current law allows this income to be taxed at the state level for all active personnel currently serving in the United States.
The following person testified:
06:37 PM --
Mr. Walter Paul, Department of Military Affairs, distributed a handout on his talking points (Attachment R) and testified in support of the legislation. He commented that junior officers and lower-rank military personnel would benefit the most from the bill.
Representative Witwer provided staff a Department of Revenue fiscal note worksheet on a technical change (Attachment S) that would make it clear that the $6,500 limitation applies to everyone in the military outside of those identified in the legislation.
BILL:
HB05-1283
TIME:
06:42:17 PM
MOVED:
Witwer
MOTION:
Moved amendment L.002. (The amendment makes a technical change that aligns the definition of active service with the federal law.) The motion passed without objection by those members present.
SECONDED:
Massey
VOTE
Benefield
Cloer
Excused
Crane
Frangas
Garcia
Jahn
Marshall
Massey
May M.
McCluskey
Witwer
Judd
Vigil
Not Final
YES:
0
NO:
0
EXC:
1
ABS:
0
FINAL ACTION:
Pass Without Objection
BILL:
HB05-1283
TIME:
06:43:26 PM
MOVED:
Witwer
MOTION:
Moved a technical change that would make it clear that the $6,500 limitation applies to everyone in the military outside of those identified in the bill. The motion passed without objection by those members present.
SECONDED:
Massey
VOTE
Benefield
Cloer
Excused
Crane
Frangas
Garcia
Jahn
Marshall
Massey
May M.
McCluskey
Witwer
Judd
Vigil
Not Final
YES:
0
NO:
0
EXC:
1
ABS:
0
FINAL ACTION:
Pass Without Objection
BILL:
HB05-1283
TIME:
06:45:43 PM
MOVED:
Witwer
MOTION:
Refer HB 05-1283, as amended, to the Committee on Appropriations. The motion passed on a 8-4-1 vote.
SECONDED:
Frangas
VOTE
Benefield
Yes
Cloer
Excused
Crane
Yes
Frangas
Yes
Garcia
No
Jahn
Yes
Marshall
No
Massey
Yes
May M.
Yes
McCluskey
Yes
Witwer
Yes
Judd
No
Vigil
No
Final
YES:
8
NO:
4
EXC:
1
ABS:
0
FINAL ACTION:
PASS
06:55 PM
Adjourn.