Legislation

Title: Retirement Tax Reduction Act of 2022
Sponsored by: Delegates Lisanti, Bhandari, Carey, Chisholm, Howard, Impallaria, Johnson, McComas, McKay, Parrott, and Saab
Status: In the House - First Reading House Rules and Executive Nominations
Analysis

Synopsis

Allowing individuals with less than $100,000 of federal adjusted gross income a subtraction modification under the Maryland income tax if the individual is receiving old age or survivor Social Security benefits or is at least 65 years old and not employed full-time; providing that the subtraction modification may not include income that is included under another subtraction modification; etc.

Committees

Original:: Rules and Executive Nominations

Details

Cross-filed with: SB0344

Introduced in a prior session as: HB0342 Session: 2020 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2022

History

Legislation History
Chamber House Calendar Date 2/24/2022 Legislative Date 2/24/2022 Action First Reading House Rules and Executive Nominations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Retirement Tax Reduction Act of 2022 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/24/2022	2/24/2022	First Reading House Rules and Executive Nominations
			Text - First - Retirement Tax Reduction Act of 2022

File Code

Subjects

Statutes