Connect With Us
                     

NEWS

 

Iowa lawmakers advance military pension bill

by KIX101.1 /1230 KFJB News Department posted Jan 24 2014 10:02AM
~ DES MOINES, Iowa (AP) - Legislation that would exempt military pensions from state income tax is moving rapidly through the Iowa Senate.
 
     A Senate committee approved the legislation during a brief hearing Thursday. It is expected to soon move to the full Senate for a vote.
 
     Sen. Herman Quirmbach, a Democrat from Ames, says the bill honors veterans and may attract more military retirees to the state.
 
     The military pension exemption is a top priority for Republican Gov. Terry Branstad, who has made support for veterans a key part of his budget plan this year.
 
     According to the Branstad administration, the pension exemption would cost the state a projected $10 million in lost annual revenue.
Filed Under :
Location : Des MoinesIowa
01/24/2014 10:05AM
Iowa lawmakers advance military pension bill
Please Enter Your Comments Below
Title :
Comment :
On Air Now
Kix Listener Club
Recent Posts
Sax tax holiday this weekend.
The State Fair starts soon.
The balloons are going up at Indianola.
State baseball tournament underway.
Marshalltown City Council meets today.
Tag Cloud
No Tags Found !
Categories 
Archives