Excerpt from Capitol TV March 8, 2011
RELATING TO TAXATION.
Report Title: Taxation; Tax Improvement
Description: Provides for the taxation of the pension income of: (1) An individual filer with federal adjusted gross income of $100,000 or more; (2) A joint or surviving spouse filer with federal adjusted gross income of $200,000 or more; and (3) a head of household with federal adjusted gross income of $150,000 or more. Makes the deduction for state taxes paid, inoperative for the same taxpayers. Effective upon its approval and applicable to taxpayer years beginning after December 31, 2010. (HB1092 HD1)