HB0012

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Military Retirement Income

Sponsored by:

Delegate Brooks

Status:

In the House - Hearing 1/17 at 1:00 p.m.


Synopsis:Increasing the maximum subtraction modification allowed under the Maryland income tax for certain military retirement income for individuals who are at least 45 years old but under the age of 65; and applying the Act to taxable years beginning after December 31, 2017.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Brooks
Additional Facts:Bill File Type: Pre-Filed
Effective Date(s): July 1, 2018
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Statutes:Article - Tax - General
(10-207)

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Legislative Lingo

Explanation of Floor Motions and Actions


January 17, 2018 4:06 P.M.