"If they stick around or we can bring other people from other bases in ... the mission capabilities that are at our defense installations, you could increase those because you have the workforce in place to increase the workload," said Clark, a Republican.
It would apply to military retirees of all ages, but all retirees ages 65 and older can already shield up to
Clark said he also wants to honor the service and sacrifices of service members and their families.
"These are men and women who have given up the prime years of their working career and made far under market value by putting on the uniform," he said.
His bill might cost the state budget something like
He said it could be helpful to recognize the value of the dedication and skills that those younger retirees would bring to civilian jobs and to
On the other side, though, it "might be a little bit heavy for the state of
The chairman said he might be open to some kind of tiered system -- maybe an exemption that increases with the retiree's age, or an exemption that kicks in only if the retiree does indeed take up a civilian job.
More than half the states offer a full or partial military pension income tax exclusion, and some are done by tiers, according to a tally of 2014 laws by the nonpartisan
Asked how the state budget could make up for
And he made an economic impact argument: keeping skilled staff working as civilians in and around
It's too late this legislative year for any serious activity on House Bill 599. Clark said he's open to amendments, but he wanted to start by proposing a straight exemption and beginning conversations ahead of
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