Legislation

Title: Income Tax - Subtraction Modification - Military Retirement (Keep Our Heroes Home Act)
Sponsored by: Delegates Rogers, Griffith, Allen, Arikan, Hinebaugh, A. Johnson, S. Johnson, Reilly, and White Holland
Status: In the House - Hearing 2/15 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Phasing in, over a period of 3 years, an increase in a subtraction modification under the Maryland income tax to allow for a subtraction of all military retirement income beginning in taxable year 2026.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber House Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/02/2024 Legislative Date 2/02/2024 Action Hearing 2/15 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Military Retirement (Keep Our Heroes Home Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/02/2024	2/02/2024	First Reading Ways and Means
House	2/02/2024	2/02/2024	Hearing 2/15 at 1:00 p.m.
			Text - First - Income Tax - Subtraction Modification - Military Retirement (Keep Our Heroes Home Act)

File Code

Subjects

Statutes