SB 102 - Current law authorizes an income tax deduction for one hundred percent of a participating taxpayer's contributions to a long-term dignity savings account, with such deduction scheduled to sunset on December 31, 2024. This act extends the sunset on the deduction until December 31, 2030.

This act is identical to SB 1010 (2024) and to a provision in SCS/HCS/HB 1483 (2024).

JOSH NORBERG

Statutes affected:
Introduced (0110S.01): 143.1160

---

Senate Committee Minutes:
SENATE COMMITTEE MINUTES Bill No.: SB 102
Sponsor: Cierpiot
Hearing Date: 2/5/2025


COMMITTEE: Economic and Workforce Development

CHAIRMAN: Brown (26)

DATE REFERRED: 1/23/2025 DATE HEARING REQUESTED: 1/30/2025



STAFF:
Frank Catanzaro
Josh Norberg


WITNESSES GIVING INFORMATION:



WITNESSES FOR:



WITNESSES AGAINST: