Vote to pass a bill that will authorize the taxation of certain pension incomes.
Highlights:
Specifies that in taxable years after December 31, 2010, the taxation of pension income will only apply to those with a federal adjusted gross income of (Sec. 2):
Less than $100,000 for a single filer or a married person filing separately;
Less than $150,000 for a head of household; or
Less than $200,000 for a joint or surviving spouse filer.