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67A.350 Exemption of retirement allowances -- Taxability after December 31,
1997.
All retirement allowances and other benefits accrued or accruing to any person under the <br>provisions of KRS 67A.220 to 67A.340 and accumulated contributions and cash <br>securities in the fund created under KRS 67A.220 to 67A.340 are hereby exempted from <br>any state tax, and shall not be subject to execution, attachment, garnishment, or any other <br>process whatsoever, nor shall any assignment thereof be enforceable in any court. Except <br>retirement benefits accrued or accruing to any person under the provisions of KRS <br>67A.220 to 67A.340 on or after January 1, 1998, shall be subject to the tax imposed by <br>KRS 141.020, to the extent provided in KRS 141.010 and 141.0215.
Effective: April 28, 1995 <br>History: Amended 1995 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 5, effective April 28,
1995. -- Created 1974 Ky. Acts ch. 246, sec. 15, effective June 21, 1974.
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67A.350 Exemption of retirement allowances -- Taxability after December 31,
1997.
All retirement allowances and other benefits accrued or accruing to any person under the <br>provisions of KRS 67A.220 to 67A.340 and accumulated contributions and cash <br>securities in the fund created under KRS 67A.220 to 67A.340 are hereby exempted from <br>any state tax, and shall not be subject to execution, attachment, garnishment, or any other <br>process whatsoever, nor shall any assignment thereof be enforceable in any court. Except <br>retirement benefits accrued or accruing to any person under the provisions of KRS <br>67A.220 to 67A.340 on or after January 1, 1998, shall be subject to the tax imposed by <br>KRS 141.020, to the extent provided in KRS 141.010 and 141.0215.
Effective: April 28, 1995 <br>History: Amended 1995 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 5, effective April 28,
1995. -- Created 1974 Ky. Acts ch. 246, sec. 15, effective June 21, 1974.
Page 1 of 1
67A.350 Exemption of retirement allowances -- Taxability after December 31,
1997.
All retirement allowances and other benefits accrued or accruing to any person under the <br>provisions of KRS 67A.220 to 67A.340 and accumulated contributions and cash <br>securities in the fund created under KRS 67A.220 to 67A.340 are hereby exempted from <br>any state tax, and shall not be subject to execution, attachment, garnishment, or any other <br>process whatsoever, nor shall any assignment thereof be enforceable in any court. Except <br>retirement benefits accrued or accruing to any person under the provisions of KRS <br>67A.220 to 67A.340 on or after January 1, 1998, shall be subject to the tax imposed by <br>KRS 141.020, to the extent provided in KRS 141.010 and 141.0215.
Effective: April 28, 1995 <br>History: Amended 1995 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 5, effective April 28,
1995. -- Created 1974 Ky. Acts ch. 246, sec. 15, effective June 21, 1974.
