Legislation

Title: Income Tax - Subtraction Modification - Military Retirement
Sponsored by: Delegates Charles, Allen, Bagnall, Buckel, Fair, Grossman, Harris, Henson, J. Long, Reilly, Taveras, Taylor, and Tomlinson
Status: In the House - Hearing 2/09 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a subtraction modification under the Maryland income tax for the first $20,000 of military retirement income received by an individual during the taxable year if the individual has received a determination of a 100% service-connected disability from the U.S. Department of Veterans Affairs; and applying the Act to all taxable years beginning after December 31, 2022.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB0473 Session: 2022 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber House Calendar Date 1/23/2023 Legislative Date 1/23/2023 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Military Retirement Proceedings
Chamber House Calendar Date 1/25/2023 Legislative Date 1/25/2023 Action Hearing 2/09 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/23/2023	1/23/2023	First Reading Ways and Means
			Text - First - Income Tax - Subtraction Modification - Military Retirement
House	1/25/2023	1/25/2023	Hearing 2/09 at 1:00 p.m.

File Code

Subjects

Statutes