(The Center Square) – A bill that would exempt military retirement benefits from Georgia’s income tax was greenlighted by the Senate Finance Committee.
Sen. Greg Dolezal, R-Cumming, said 38 states do not tax military benefits, including surrounding states.
The fiscal note on the bill says the average amount returned to veterans is $40 million. The low end is $22 million to $23 million and the high end is $53 million to $68 million, Dolezal told the committee…