P.M. BRIEFING : Nev. to Protect Calif. Pensioners
California or any other state that taxes pension benefits can’t try to collect the tax by forcing a sale of Nevada property of former residents now living here, under terms of a new state law.
Gov. Bob Miller on Monday signed AB154, which protects all Nevada property of a person who didn’t pay another state’s income tax on benefits received from a pension or other retirement plan. The new law “was needed to protect Nevada citizens from being taxed by states in which they no longer reside,” Miller said. And the bill’s author, Assemblyman Ernie Adler (D-Carson City) said, “There was a need to do something to protect our out-of-state retirees from paying these taxes.”
Adler advanced the bill at the request of a group of retirees who said California officials apparently have been trying to tax the pensions of many of Nevada’s 135,000 senior citizens who formerly lived in that state.
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