Legislation - HB1035

Title: Income Tax - Subtraction Modification - Overtime Compensation
Sponsored by: Delegates Fisher, Arikan, Chisholm, Grammer, M. Morgan, Nawrocki, and Szeliga
Status: In the House - Hearing 2/26 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the Maryland income tax for certain overtime compensation; and applying the Act to taxable years beginning after December 31, 2025, but before January 1, 2029.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber House Calendar Date 2/09/2026 Legislative Date 2/09/2026 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Overtime Compensation Proceedings
Chamber House Calendar Date 2/10/2026 Legislative Date 2/10/2026 Action Hearing 2/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/09/2026	2/09/2026	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - Overtime Compensation
House	2/10/2026	2/10/2026	Hearing 2/26 at 1:00 p.m.

File Code

Subjects

Statutes