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2016 Regular Session



Income Tax - Subtraction Modification - Military Compensation

Sponsored by:

Senator Waugh


In the Senate - Hearing 2/03 at 2:00 p.m.

Synopsis:Altering a subtraction modification under the Maryland income tax for specified military compensation to repeal a requirement that the compensation be attributable to military service of the individual outside the United States; repealing a specified limitation on the amount of the subtraction modification; and applying the Act to taxable years beginning after December 31, 2015.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Waugh and Peters
Additional Facts:Cross-filed with: HB0691
Bill File Type: Regular
Effective Date(s): July 1, 2016
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Income Tax
Salaries and Compensation -see also- Overtime; Reimb. Rates
Statutes:Article - Tax - General

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October 24, 2017 5:08 P.M.