SB 201 Delaware Senate · 152nd General Assembly (2023-2024)

AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO EXCLUSION OF MILITARY PENSIONS FROM TAXABLE INCOME.

Summary
Of the 41 states with a state income tax, 27 states fully exempt military retirement pay from state income taxes and 12 states partially exempt military retirement pay. In 2022, Delaware increased the pension exclusion for military pensioners under 60 to $12,500. This Act phases in, over 3 years, an increased exemption for military pensions from state income taxation, regardless of age, so that in taxable years beginning on or after January 1, 2026, the exemption will be $25,000 for all military pensioners.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 4, 2024 Last action Feb 29, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
0
Amendments
1
Feb 29, 2024
Introduced
Amendment SA 1 to SB 201 - Introduced and Placed With Bill
upper
Jan 4, 2024
Introduced
Introduced and Assigned to Executive Committee in Senate
upper
13 primary · 0 co-sponsors

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