Rhode Island governor signs legislation benefiting military veterans
From: The Center Square
Through signing a package of veteran-focused legislation Thursday, Rhode Island will no longer tax military pensions, Gov. Dan McKee said.
The Democratic governor announced he has signed legislation designed to support and benefit veterans through a series of budget initiatives.
“As I travel the state, talking with veterans, active duty, guard and reservists, and military families is always a highpoint,” McKee said in the release. “Veterans want to continue to make the Ocean State their home and remain a part of the communities and places that matter to them. Now, when military retirees look at where they want to move after service, Rhode Island will be at the top of that list.”
According to the release, the U.S. Department of Veterans Affairs reports there are 5,252 military retirees making their permanent home in Rhode Island, and 4,845 were paid by the U.S. Department of Defense.
“Ending taxation of military service pensions is not only the right thing to in recognition of the many Rhode Islanders who fought courageously for our freedom, but it’s also an investment in our state’s workforce,” Office of Veterans Services Director Kasim Yarn said in the release. “This change will allow us to retain top-tier talent which can drive Rhode Island’s economy forward. Military retirees bring a wealth of knowledge and backgrounds, benefitting Rhode Island in innumerable ways.”
According to the release, the taxation on military service pension will end with tax year 2023, and is a result of House Bill 7338, sponsored by Rep. Camille F.J. Vella-Wilkinson, D-Warwick, and Senate Bill 2268A, sponsored by Sen. Walter S. Felag, D-Bristol.
House Bill 7714A, sponsored by Rep. Samuel A. Azzinaro, D-Westerly, and Senate Bill 2425A, sponsored by Sen. Roger A. Picard, D-Woonsocket, will make “stolen valor” a crime in Rhode Island, according to the release.
The law, according to the release, makes it illegal to “fraudulently represent oneself as an active or veteran member of the miliary” to obtain money, property, or other benefits.