Legislation - HB0124

Allowing, subject to certain limitations, a subtraction modification under the Maryland income tax for certain personal casualty losses of certain retirement assets from theft or a fraud scheme; and applying the Act to taxable years beginning after December 31, 2025.

Committees

Original:: Ways and Means

Details

Introduced in a prior session as: HB1390 Session: 2025 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 8/13/2025 Legislative Date 8/13/2025 Action Pre-filed Proceedings
Chamber House Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Losses From Theft or Fraud Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	8/13/2025	8/13/2025	Pre-filed
House	1/14/2026	1/14/2026	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - Losses From Theft or Fraud

File Code

Subjects

Statutes