Legislation
- Title
- Income Tax - Subtraction Modification - Military Retirement Income
- Sponsored by
- Delegates Charles, Acevero, Boyce, Carr, Clark, Cox, Crosby, Crutchfield, M. Fisher, Harrison, Henson, Hill, Hornberger, Howard, Ivey, M. Jackson, Johnson, Krebs, Lehman, Malone, Morgan, Mosby, Qi, Queen, Rogers, Shetty, Turner, Valderrama, Valentino-Smith, Walker, Washington, Williams, Wilson, and P. Young
- Status
- In the House - Hearing 3/06 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Allowing a subtraction modification under the Maryland income tax for a certain amount of military retirement income received by an individual during the taxable year if the individual has received a determination of a 100% service connected disability from the U.S. Department of Veterans Affairs; applying the Act to taxable years beginning after December 31, 2019; etc.
Committees
- Original:
- Ways and Means
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2020
(
10-207 )
Last Updated: 9/22/2020 2:20 PM