INDIANAPOLIS, Ind. (WEHT) – Governor Eric Holcomb signed a military pension tax exemption and economic development bills on Wednesday.
The governor released these statements on the bills:
HEA 1010 Military Tax Deductions
“Our talented, patriotic veterans are some of the most experienced, focused and loyal workers anywhere. I’m grateful lawmakers approved the exemption of military pensions from our state income taxes. This will give veterans yet another reason to stay in Indiana or move to Indiana after their military service is over.”
SEA 563 Economic Development
“Hoosiers expect us to keep the economy growing and new jobs coming, so we are modernizing economic development tools to increase competitiveness, economic diversity and flexibility. These improvements will make it even easier for investors and entrepreneurs to grow in our state.”
The governor signed a total of 38 bills Wednesday.