US Laws, Codes, Statutes & Cases

PROPERTY CODE

CHAPTER 44. TAXATION OF RETIREMENT BENEFITS BY ANOTHER STATE


	§ 44.001. DEFINITION.  In this chapter, "pension or other 
retirement plan" includes:
		(1)  an annuity, pension, or profit-sharing or stock 
bonus or similar plan established to provide retirement benefits 
for an officer or employee of a public or private employer or for a 
self-employed individual;
		(2)  an annuity, pension, or military retirement pay 
plan or other retirement plan administered by the United States;  
and
		(3)  an individual retirement account.                                        

Added by Acts 1993, 73rd Leg., ch. 95, § 1, eff. May 7, 1993.              


	§ 44.002. PROPERTY EXEMPT.  All property in this state is 
exempt from attachment, execution, and seizure for the satisfaction 
of a judgment or claim in favor of another state or political 
subdivision of another state for failure to pay that state's or that 
political subdivision's income tax on benefits received from a 
pension or other retirement plan.

Added by Acts 1993, 73rd Leg., ch. 95, § 1, eff. May 7, 1993.              


	§ 44.003. LIEN NOT CREATED.  A claim or judgment in favor 
of another state or political subdivision of another state for 
failure to pay that state's or that political subdivision's income 
tax on benefits received from a pension or other retirement plan may 
not be a lien on any property in this state owned by a resident of 
this state.

Added by Acts 1993, 73rd Leg., ch. 95, § 1, eff. May 7, 1993.