Legislation

Increasing the amount of a certain subtraction modification under the Maryland income tax for certain military retirement income received by individuals under the age of 55 years to $12,500 and individuals at least 55 years of age to $20,000 during the taxable year for certain military service; and applying the Act to all taxable years beginning after December 31, 2022.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Budget and Taxation

Committee Testimony

Witness List

Details

Cross-filed with: SB0553

Bill File Type: Regular

Effective Date(s): July 1, 2023

By Request of the Governor

History

Legislation History
Chamber House Calendar Date 2/02/2023 Legislative Date 2/02/2023 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/02/2023 Legislative Date 2/02/2023 Action Hearing 2/16 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act) Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/13/2023 Legislative Date 3/13/2023 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 3/14/2023 Legislative Date 3/05/2023 Action Favorable with Amendments {503028/1 Adopted Proceedings 42 Click to view Recorded Media
Chamber House Calendar Date 3/14/2023 Legislative Date 3/05/2023 Action Floor Amendment {293924/1 (Delegate Grammer) Rejected (35-95) Proceedings 42 Click to view Recorded Media
Chamber House Calendar Date 3/14/2023 Legislative Date 3/05/2023 Action Second Reading Passed with Amendments Proceedings 42 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act) Proceedings
Chamber House Calendar Date 3/15/2023 Legislative Date 3/06/2023 Action Third Reading Passed (139-0) Proceedings 43 Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2023 Legislative Date 3/07/2023 Action Referred Budget and Taxation Proceedings 44 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2023 Legislative Date 4/03/2023 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/03/2023 Legislative Date 3/21/2023 Action Favorable Adopted Second Reading Passed Proceedings 58AClick to view Recorded Media
Chamber Senate Calendar Date 4/05/2023 Legislative Date 3/23/2023 Action Third Reading Passed (46-0) Proceedings 60 Click to view Recorded Media
Chamber House Calendar Date 4/05/2023 Legislative Date 3/25/2023 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/12/2023 Legislative Date 5/12/2023 Action Approved by the Governor - Chapter 613 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/02/2023	2/02/2023	First Reading Ways and Means
House	2/02/2023	2/02/2023	Hearing 2/16 at 1:00 p.m.
			Text - First - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/13/2023	3/13/2023	Favorable with Amendments Report by Ways and Means
House	3/14/2023	3/05/2023	Favorable with Amendments {503028/1 Adopted	42 Click to view Recorded Media
House	3/14/2023	3/05/2023	Floor Amendment {293924/1 (Delegate Grammer) Rejected (35-95)	42 Click to view Recorded Media
House	3/14/2023	3/05/2023	Second Reading Passed with Amendments	42 Click to view Recorded Media
			Text - Third - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)
House	3/15/2023	3/06/2023	Third Reading Passed (139-0)	43 Click to view Recorded Media
Senate	3/16/2023	3/07/2023	Referred Budget and Taxation	44 Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/03/2023	4/03/2023	Favorable Report by Budget and Taxation
Senate	4/03/2023	3/21/2023	Favorable Adopted Second Reading Passed	58AClick to view Recorded Media
Senate	4/05/2023	3/23/2023	Third Reading Passed (46-0)	60 Click to view Recorded Media
House	4/05/2023	3/25/2023	Returned Passed	62 Click to view Recorded Media
Post Passage	5/12/2023	5/12/2023	Approved by the Governor - Chapter 613
			Text - Chapter - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)

File Code

Subjects

Statutes