Delaware General Assembly

Lieu/Substituted 1/27/22

The General Assembly has ended, the current status is the final status.

SS 1 for SB 188

6/15/21

Mantzavinos

Sen. Ennis, Brown
Reps. Chukwuocha, Ramone

Sen. Lopez, S. McBride, Pettyjohn, Sokola
Reps. Bolden, Brady, Bush, Hensley, Mitchell, D. Short, Michael Smith, Yearick

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

Of the 41 states with a state income tax, 21 states fully exempt military retirement pay from state income taxes and 16 states partially exempt military retirement pay. Currently, Delaware exempts $2,000 of pensions for those under 60 and $12,500 of eligible retirement income, which includes pensions, for those 60 or older. In addition to the current exemptions, this Act phases in, over 4 years, an additional exemption for military pensions from state income taxation, regardless of age.

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Takes effect upon being signed into law

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