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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Income Tax - Subtraction Modification - Military Retirement Income (Keep Our Heroes Home Act)
Sponsored by
Senators Elfreth, Bailey, Beidle, Brooks, Carozza, Charles, Feldman, Folden, Gallion, James, King, Klausmeier, Kramer, Lam, McKay, Muse, Ready, Salling, Simonaire, and West
Status
In the Senate - Hearing 1/24 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Phasing in, over a period of 3 years, an increase in a subtraction modification under the Maryland income tax to allow for a subtraction of all military retirement income beginning in taxable year 2026.
Details
Bill File Type: Regular
Effective Date(s): July 1, 2024
Legislation History
Chamber
Senate
Calendar Date
1/15/2024
Legislative Date
1/15/2024
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
1/18/2024
Legislative Date
1/18/2024
Action
Hearing 1/24 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 1/15/2024 1/15/2024 First Reading Budget and Taxation
Text - First - Income Tax - Subtraction Modification - Military Retirement Income (Keep Our Heroes Home Act)
Senate 1/18/2024 1/18/2024 Hearing 1/24 at 1:00 p.m.
Last Updated: 1/25/2024 3:54 PM
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