- 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.
Committees
Committee Testimony
Details
Bill File Type: Regular
Effective Date(s): July 1, 2024
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Last Updated: 4/15/2024 3:18 PM