Vermont H0076 proposes to exempt National Guard active duty subsistence and quarters allowance from Vermont personal income tax.

Vermont H0076 amends the state's income tax law to exempt the State active duty subsistence and quarters allowance paid to members of the National Guard from Vermont personal income tax. This change applies retroactively to taxable years beginning on and after January 1, 2025. The exemption is specifically for members who have a federal adjusted gross income of less than $50,000.00.

Vermont H0076 proposes to exempt National Guard active duty subsistence and quarters allowance from Vermont personal income tax.

Vermont H0076 amends the state's income tax law to exempt the State active duty subsistence and quarters allowance paid to members of the National Guard from Vermont personal income tax. This change applies retroactively to taxable years beginning on and after January 1, 2025. The exemption is specifically for members who have a federal adjusted gross income of less than $50,000.00.