AB 46, as introduced, Ramos. Personal income taxes: exclusion: Military Services Retirement and Surviving Spouse Benefit Payment Act.
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This bill, for taxable years beginning on or after January 1, 2024, and before January 1, 2034, would exclude from gross income retirement pay received by a taxpayer from the federal government for service performed in the uniformed services, as defined, during the taxable year. The bill, for taxable years beginning on or after January 1, 2024, and before January 1, 2034, would also exclude from gross income annuity payments received by a qualified taxpayer, as defined, pursuant to a United States Department of Defense Survivor Benefit Plan during the taxable year. The bill would make related findings and declarations.
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The bill has progressed to the Revenue and Taxation Committee chaired by Jacqui Irwin. Pres. Josh J. Baker sent a letter of support to Assemblymember Irwin.ย To see a copy of the letter, click the link below.ย CAL-EANGUS has partnered with other Veteran Service Organizations within California to unite and support this bill through the California State Commanders Veterans Council. To learn more about the CalCommanders, visit
https://calcommanders.org/.
We are asking every veteran supporter to submit a letter in support of this bill along with their friends, neighbors, and fellow veterans. Letters being sent via USPS need to go out now.
Letters can be addressed to:
Assemblymember Jacqui Irwin, Chair of the Committee on Revenue and Taxation
Legislative Office Building
1020 North O Street Room 167A
Sacramento, CA 95814
If you wish to call to voice your support: 916-319-2098
Letters can also be uploaded through the updated Position Letter Portal. This site was designed to facilitate the submission of position letters to committees as bills move through Californiaโs legislative process.ย https://calegislation.lc.ca.gov/Advocates
As of today, there are 27 Assemblymembers and 9 State Senators who are joint authors or co-authors, which is outstanding. ย That number has never been reached on past bills to exempt retirement pay, and we expect that number to continue to grow. The letters and phone calls are working and need to continue. ย