Legislation
- Title
- Income Tax - Subtraction Modification - Police Auxiliaries and Reserve
- Sponsored by
- Senator Bailey
- Status
- In the House - First Reading House Rules and Executive Nominations
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Increasing, from $5,000 to $7,000 for a taxable year beginning after December 31, 2021, but before January 1, 2023, and to $10,000 for a taxable year beginning after December 31, 2022, a subtraction modification under the Maryland income tax for an individual who is a qualifying police auxiliary or reserve volunteer.
Committees
- Opposite:
- Rules and Executive Nominations
Committee Testimony
Details
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2022
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
10-208 )
Last Updated: 7/8/2022 2:47 PM