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2015 Regular Session



Income Tax - Subtraction Modification - Military Retirement Income

Sponsored by:



In the House - Hearing 2/27 at 1:00 p.m.

Synopsis:Removing the limitation on the amount of specified military retirement income that may be subtracted from federal adjusted gross income for Maryland income tax purposes; and applying the Act to taxable years beginning after December 31, 2014.
Analysis:Fiscal and Policy Note
All Sponsors:The Speaker (By Request - Administration) and Delegates Adams, Afzali, Anderton, Arentz, Beidle, Beitzel, Bromwell, Buckel, Carozza, Cassilly, Ciliberti, Cluster, Fisher, Flanagan, Folden, Ghrist, Grammer, Hornberger, S. Howard, Jackson, Jacobs, Kipke, Kittleman, Krebs, Long, Mautz, McComas, McConkey, McDonough, McKay, Metzgar, Miele, O'Donnell, Oaks, Otto, Parrott, Proctor, Saab, Shoemaker, Sophocleus, Szeliga, Vitale, West, B. Wilson, and C. Wilson
Additional Facts:Cross-filed with: SB0592
Bill File Type: Regular
Effective Date(s): July 1, 2015
By Request of the Governor
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Income Tax
Retirement Systems -see also- Mandatory Retirement
Statutes:Article - Tax - General

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October 24, 2017 4:42 P.M.