Legislation - HB0694

Title: Income Tax - Addition Modification for Federal Tax-Exempt Income - Study
Sponsored by: Delegate Bhandari
Status: In the Senate - First Reading Senate Rules
Analysis: Fiscal and Policy Note

Synopsis

Requiring the Office of the Comptroller, by December 1, 2026, to study and report to the Governor and the General Assembly regarding certain matters related to an addition modification under the Maryland income tax for certain income exempt from federal tax by federal law or treaty but not State tax.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Rules

Committee Testimony

Witness List

Details

Cross-filed with: SB0163

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 2/02/2026 Legislative Date 2/02/2026 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Addition Modification for Federal Tax-Exempt Income - Alterations Proceedings
Chamber House Calendar Date 2/03/2026 Legislative Date 2/03/2026 Action Hearing 2/19 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/09/2026 Legislative Date 4/09/2026 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/09/2026 Legislative Date 3/23/2026 Action Favorable with Amendments {973922/1 Adopted Proceedings 60 Click to view Recorded Media
Chamber House Calendar Date 4/09/2026 Legislative Date 3/23/2026 Action Second Reading Passed with Amendments Proceedings 60 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Addition Modification for Federal Tax-Exempt Income - Study Proceedings
Chamber House Calendar Date 4/09/2026 Legislative Date 3/24/2026 Action Third Reading Passed (134-0) Proceedings 61 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2026 Legislative Date 3/23/2026 Action Referred Rules Proceedings 62 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/02/2026	2/02/2026	First Reading Ways and Means
			Text - First - Income Tax - Addition Modification for Federal Tax-Exempt Income - Alterations
House	2/03/2026	2/03/2026	Hearing 2/19 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/09/2026	4/09/2026	Favorable with Amendments Report by Ways and Means
House	4/09/2026	3/23/2026	Favorable with Amendments {973922/1 Adopted	60 Click to view Recorded Media
House	4/09/2026	3/23/2026	Second Reading Passed with Amendments	60 Click to view Recorded Media
			Text - Third - Income Tax - Addition Modification for Federal Tax-Exempt Income - Study
House	4/09/2026	3/24/2026	Third Reading Passed (134-0)	61 Click to view Recorded Media
Senate	4/10/2026	3/23/2026	Referred Rules	62 Click to view Recorded Media

File Code

Subjects

Statutes