Legislation - HB0714

Increasing, from $15,000 to $20,000, the amount allowed as a subtraction modification under the Maryland income tax for retirement income attributable to an individual's employment as a public safety employee; and applying the Act to all taxable years beginning after December 31, 2023.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: SB0588

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber House Calendar Date 1/26/2024 Legislative Date 1/26/2024 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Public Safety Employee Retirement Income Proceedings
Chamber House Calendar Date 1/26/2024 Legislative Date 1/26/2024 Action Hearing 2/15 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/26/2024	1/26/2024	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - Public Safety Employee Retirement Income
House	1/26/2024	1/26/2024	Hearing 2/15 at 1:00 p.m.

File Code

Subjects

Statutes