Passed BothConf. Cmte
- Retirement Tax Reduction Act of 2022
- Sponsored by
- Senators Hershey and Elfreth
- In the Senate - Hearing 2/23 at 1:00 p.m.
- Fiscal and Policy Note
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.
Bill File Type: Regular
Effective Date(s): July 1, 2022
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( 10-207, 10-209 )
Last Updated: 7/8/2022 2:53 PM