: Proposed for years beginning January 1, 2025 , through January 1, 2030 .
: Also includes an exclusion (up to $20,000) for payments from the Department of Defense Survivor Benefit Plan . 🔍 How to find your specific report 9edcd17d-ab53-419e-9985-70ddfba90ef8-CKx2FhBA.m...
: Excludes military retirement pay from California state income tax. Maximum Deduction : Up to $20,000 per taxable year. : Proposed for years beginning January 1, 2025
: Search for AB 53 to see the current status, floor votes, and committee analyses. through January 1
If you are trying to view a legislative analysis or a status update for this bill, you can check these official sources:
This bill proposes significant changes to how military retirement pay is taxed in California.