Legislation

Title: Income Tax - Subtraction Modifications for Military and Public Safety Retirement Income (Honoring Their Sacrifice Act of 2022)
Sponsored by: Delegates Mangione, Adams, Anderton, Boteler, Buckel, Chisholm, M. Fisher, Griffith, Hartman, Hornberger, Howard, Kipke, Krebs, Mautz, McKay, Pippy, Reilly, Rose, Saab, Shoemaker, Thiam, and Wivell
Status: In the House - Hearing 2/16 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Lowering, from 55 to 50, the age at which residents are eligible for a subtraction modification under the Maryland income tax for certain military retirement income and certain retirement income attributable to the resident's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services personnel; and increasing, from $15,000 to $30,000, the amount of the subtraction modifications for certain military and public safety retirement income.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2022

History

Legislation History
Chamber House Calendar Date 1/31/2022 Legislative Date 1/31/2022 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/31/2022 Legislative Date 1/31/2022 Action Hearing 2/16 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modifications for Military and Public Safety Retirement Income (Honoring Their Sacrifice Act of 2022) Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/31/2022	1/31/2022	First Reading Ways and Means
House	1/31/2022	1/31/2022	Hearing 2/16 at 1:00 p.m.
			Text - First - Income Tax - Subtraction Modifications for Military and Public Safety Retirement Income (Honoring Their Sacrifice Act of 2022)

File Code

Subjects

Statutes