Legislation

Title: Income Tax - Subtraction Modification - Military and Public Safety Retirement Income
Sponsored by: Senators Peters, Elfreth, Guzzone, King, McCray, Serafini, Zucker, Eckardt, Edwards, Griffith, Rosapepe, and Salling
Status: In the House - First Reading Ways and Means
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Increasing the amount of a subtraction modification under the Maryland income tax to $20,000 for certain military retirement income for individuals who are at least 55 years old; increasing the amount of a subtraction modification under the Maryland income tax to $10,000 for certain retirement income attributable to an individual's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services worker if the individual is at least 55 years old; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2020, July 1, 2021

History

Legislation History
Chamber Senate Calendar Date 1/29/2020 Legislative Date 1/29/2020 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 1/30/2020 Legislative Date 1/30/2020 Action Hearing 2/12 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 2/12 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 3/13/2020 Legislative Date 3/13/2020 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/13/2020 Legislative Date 3/08/2020 Action Favorable with Amendments {609933/1 Adopted Proceedings 47BClick to view Recorded Media
Chamber Senate Calendar Date 3/13/2020 Legislative Date 3/08/2020 Action Second Reading Passed with Amendments Proceedings 47BClick 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 3/14/2020 Legislative Date 3/09/2020 Action Third Reading Passed (45-0) Proceedings 48 Click to view Recorded Media
Chamber House Calendar Date 3/15/2020 Legislative Date 3/12/2020 Action Referred Ways and Means Proceedings 49 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/29/2020	1/29/2020	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification - Military and Public Safety Retirement Income
Senate	1/30/2020	1/30/2020	Hearing 2/12 at 2:00 p.m.
Senate	2/10/2020	2/10/2020	Hearing canceled
Senate	2/10/2020	2/10/2020	Hearing 2/12 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/13/2020	3/13/2020	Favorable with Amendments Report by Budget and Taxation
Senate	3/13/2020	3/08/2020	Favorable with Amendments {609933/1 Adopted	47BClick to view Recorded Media
Senate	3/13/2020	3/08/2020	Second Reading Passed with Amendments	47BClick to view Recorded Media
			Text - Third - Income Tax - Subtraction Modification - Military and Public Safety Retirement Income
Senate	3/14/2020	3/09/2020	Third Reading Passed (45-0)	48 Click to view Recorded Media
House	3/15/2020	3/12/2020	Referred Ways and Means	49 Click to view Recorded Media

File Code

Subjects

Statutes