Rhode Island S3129 modifies federal adjusted gross income for public pension benefits administered by the Employees Retirement System of Rhode Island.
Rhode Island S3129 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. The bill allows for specific modifications to taxable income, including adjustments for inflation and exclusions for certain pension and annuity income. It also includes provisions for modifications related to military service pensions, organ transplantation expenses, and other specified income sources.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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