AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO EXCLUSION OF MILITARY PENSIONS FROM TAXABLE INCOME.

Summary

The bill raises the amount of military retirement pay that can be excluded from Delaware income tax, moving from the current $12,500 limit to $25,000 over a multi‑year schedule. It also widens the definition of a U.S. military pension to include service in the Space Force, Coast Guard, NOAA and Public Health Service commissioned corps. The change reduces state tax liability for current and future military retirees and their spouses.

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