Legislation - SB0163

Title: Income Tax - Addition Modification for Federal Tax-Exempt Income - Alterations
Sponsored by: Senators West and McCray
Status: In the Senate - Second Reading Passed with Amendments
Analysis: Fiscal and Policy Note

Synopsis

Providing that an addition modification under the Maryland income tax for certain income exempt from federal tax by federal law or treaty but not State tax does not apply to certain foreign earned income; and applying the Act to taxable years beginning after December 31, 2025.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0694

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 10/22/2025 Legislative Date 10/22/2025 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/14/2026 Legislative Date 1/14/2026 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Addition Modification for Federal Tax-Exempt Income - Alterations Proceedings
Chamber Senate Calendar Date 1/15/2026 Legislative Date 1/15/2026 Action Hearing 1/21 at 10:00 a.m. Proceedings
Chamber Senate Calendar Date 1/15/2026 Legislative Date 1/15/2026 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 1/19/2026 Legislative Date 1/19/2026 Action Hearing 1/28 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 2/11/2026 Legislative Date 2/11/2026 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/12/2026 Legislative Date 2/09/2026 Action Favorable with Amendments {703424/1 Adopted Proceedings 20 Click to view Recorded Media
Chamber Senate Calendar Date 2/12/2026 Legislative Date 2/09/2026 Action Second Reading Passed with Amendments Proceedings 20 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	10/22/2025	10/22/2025	Pre-filed
Senate	1/14/2026	1/14/2026	First Reading Budget and Taxation
			Text - First - Income Tax - Addition Modification for Federal Tax-Exempt Income - Alterations
Senate	1/15/2026	1/15/2026	Hearing 1/21 at 10:00 a.m.
Senate	1/15/2026	1/15/2026	Hearing canceled
Senate	1/19/2026	1/19/2026	Hearing 1/28 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	2/11/2026	2/11/2026	Favorable with Amendments Report by Budget and Taxation
Senate	2/12/2026	2/09/2026	Favorable with Amendments {703424/1 Adopted	20 Click to view Recorded Media
Senate	2/12/2026	2/09/2026	Second Reading Passed with Amendments	20 Click to view Recorded Media

File Code

Subjects

Statutes