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Article: LOUISIANA DEPARTMENT OF REVENUE UPDATES MILITARY PAY EXEMPTION
- Article from:
- US Fed News Service, Including US State News
- Article date:
- February 21, 2006
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The Louisiana Department of Revenue issued the following press release:
The Louisiana Department of Revenue is pleased to announce that Governor Kathleen Blanco has signed into law, HB21 of the First Extraordinary Session of 2006 that retroactively applies the Military Pay Exclusion to tax year 2005.
The exclusion allows active duty personnel of the United States Armed Forces to exclude the first $29,999 of military pay from state income taxation if that person is outside of Louisiana for 120 or more consecutive days. Affected resident military personnel may claim ...