Bill summaries are authored by CRS.

Shown Here:
Passed House amended (10/03/1994)

Amends Federal law to prohibit any State from imposing an income tax on the qualified pension income of any individual who is not a resident or domiciliary of that State. Permits the tax on the amount of such income that exceeds $30,000 annually. Provides a cost-of-living adjustment for such amount.