Tax Exempt Military and Retirment Pay
Pre-approved by Commissioner, ACOVA and NDVLC
A BILL for an Act to amend and reenact subdivision g of subsection 2 of section 57-38-30.3 of the North Dakota Century Code, relating to an income tax deduction for service payments and retirement benefits received by an active or reserve member of the armed forces or the national guard or a surviving spouse; and to provide an effective date.
This bill would...
- Exempt Active Military Pay from ND State Income Tax
- Exempt National Guard and Reserve pay from ND State Income Tax
- Exempt Military retirement pay from ND State Income Tax
- Exempt Military retirement pay received by surviving spouses from ND State Income Tax
HOUSE AMENDMENTS AND ACTIONS
FISCAL NOTE: $5,800,000 (General Fund)