Rhode Island H7162 modifies federal adjusted gross income for public pension benefits administered by the Employees Retirement System of Rhode Island.

Rhode Island H7162 amends the state's personal income tax law to modify federal adjusted gross income for public pension benefits administered by the Employees Retirement System of Rhode Island. This modification allows taxpayers to adjust their federal income for certain pension benefits, potentially reducing their state tax liability. The bill includes various provisions for different types of income and deductions, such as military service pensions, organ donations, and tuition savings programs.

Rhode Island H7162 modifies federal adjusted gross income for public pension benefits administered by the Employees Retirement System of Rhode Island.

Rhode Island H7162 amends the state's personal income tax law to modify federal adjusted gross income for public pension benefits administered by the Employees Retirement System of Rhode Island. This modification allows taxpayers to adjust their federal income for certain pension benefits, potentially reducing their state tax liability. The bill includes various provisions for different types of income and deductions, such as military service pensions, organ donations, and tuition savings programs.