Legislation

Title: Income Tax Subtraction Modification – Military and Public Safety Retirement Income
Sponsored by: Senators Jackson, Corderman, Eckardt, Edwards, Elfreth, Griffith, Guzzone, Hester, King, McCray, Rosapepe, Salling, Smith, Young, and Zucker
Status: In the House - First Reading House Rules and Executive Nominations
Analysis: Fiscal and Policy Note

Synopsis

Increasing from $15,000 to $20,000 the amount of certain subtraction modifications under the Maryland income tax for individuals who are at least 55 years of age for certain retirement income received as a result of the individual's military service or attributable to the individual's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services personnel.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Rules and Executive Nominations

Committee Testimony

Witness List

Details

Cross-filed with: HB0461

Introduced in a prior session as: SB0370 Session: 2021 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2022, July 1, 2023, July 1, 2024

History

Legislation History
Chamber Senate Calendar Date 9/08/2021 Legislative Date 9/08/2021 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/12/2022 Legislative Date 1/12/2022 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Subtraction Modification – Military and Public Safety Retirement Income Proceedings
Chamber Senate Calendar Date 1/31/2022 Legislative Date 1/31/2022 Action Hearing 2/23 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/29/2022 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/16/2022 Action Favorable Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/16/2022 Action Motion Special Order until Later Today (Senator Jackson) Adopted Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/16/2022 Action Favorable Adopted Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/16/2022 Action Floor Committee Amendment {493720/1 Adopted Proceedings 56 Click to view Recorded Media
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/16/2022 Action Second Reading Passed with Amendments Proceedings 56 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax Subtraction Modification – Military and Public Safety Retirement Income Proceedings
Chamber Senate Calendar Date 3/29/2022 Legislative Date 3/17/2022 Action Third Reading Passed (43-0) Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 3/29/2022 Legislative Date 3/21/2022 Action Referred Rules and Executive Nominations Proceedings 42AClick to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	9/08/2021	9/08/2021	Pre-filed
Senate	1/12/2022	1/12/2022	First Reading Budget and Taxation
			Text - First - Income Tax Subtraction Modification – Military and Public Safety Retirement Income
Senate	1/31/2022	1/31/2022	Hearing 2/23 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/29/2022	3/29/2022	Favorable Report by Budget and Taxation
Senate	3/29/2022	3/16/2022	Favorable	56 Click to view Recorded Media
Senate	3/29/2022	3/16/2022	Motion Special Order until Later Today (Senator Jackson) Adopted	56 Click to view Recorded Media
Senate	3/29/2022	3/16/2022	Favorable Adopted	56 Click to view Recorded Media
Senate	3/29/2022	3/16/2022	Floor Committee Amendment {493720/1 Adopted	56 Click to view Recorded Media
Senate	3/29/2022	3/16/2022	Second Reading Passed with Amendments	56 Click to view Recorded Media
			Text - Third - Income Tax Subtraction Modification – Military and Public Safety Retirement Income
Senate	3/29/2022	3/17/2022	Third Reading Passed (43-0)	57 Click to view Recorded Media
House	3/29/2022	3/21/2022	Referred Rules and Executive Nominations	42AClick to view Recorded Media

File Code

Subjects

Statutes