Legislation

Increasing the amount of a certain subtraction modification under the Maryland income tax for certain military retirement income received by individuals under the age of 55 years to $12,500 and individuals at least 55 years old to $20,000 during the taxable year for certain military service; and applying the Act to all taxable years beginning after December 31, 2022.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0554

Bill File Type: Regular

Effective Date(s): July 1, 2023

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 2/06/2023 Legislative Date 2/06/2023 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act) Proceedings
Chamber Senate Calendar Date 2/07/2023 Legislative Date 2/07/2023 Action Hearing 3/01 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2023 Legislative Date 3/17/2023 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/17/2023 Legislative Date 3/10/2023 Action Favorable with Amendments {303424/1 Adopted Proceedings 47 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2023 Legislative Date 3/10/2023 Action Second Reading Passed with Amendments Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act) Proceedings
Chamber Senate Calendar Date 3/20/2023 Legislative Date 3/11/2023 Action Third Reading Passed (43-0) Proceedings 48 Click to view Recorded Media
Chamber House Calendar Date 3/20/2023 Legislative Date 3/13/2023 Action Referred Ways and Means Proceedings 50 Click to view Recorded Media
Chamber House Calendar Date 3/20/2023 Legislative Date 3/20/2023 Action Hearing 3/30 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/31/2023 Legislative Date 3/31/2023 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 3/31/2023 Legislative Date 3/20/2023 Action Favorable Adopted Second Reading Passed Proceedings 57 Click to view Recorded Media
Chamber House Calendar Date 4/03/2023 Legislative Date 3/21/2023 Action Third Reading Passed (138-0) Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/03/2023 Legislative Date 3/21/2023 Action Returned Passed Proceedings 58AClick to view Recorded Media
Chamber Post Passage Calendar Date 5/12/2023 Legislative Date 5/12/2023 Action Approved by the Governor - Chapter 614 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/06/2023	2/06/2023	First Reading Budget and Taxation
			Text - First - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)
Senate	2/07/2023	2/07/2023	Hearing 3/01 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/17/2023	3/17/2023	Favorable with Amendments Report by Budget and Taxation
Senate	3/17/2023	3/10/2023	Favorable with Amendments {303424/1 Adopted	47 Click to view Recorded Media
Senate	3/17/2023	3/10/2023	Second Reading Passed with Amendments	47 Click to view Recorded Media
			Text - Third - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)
Senate	3/20/2023	3/11/2023	Third Reading Passed (43-0)	48 Click to view Recorded Media
House	3/20/2023	3/13/2023	Referred Ways and Means	50 Click to view Recorded Media
House	3/20/2023	3/20/2023	Hearing 3/30 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/31/2023	3/31/2023	Favorable Report by Ways and Means
House	3/31/2023	3/20/2023	Favorable Adopted Second Reading Passed	57 Click to view Recorded Media
House	4/03/2023	3/21/2023	Third Reading Passed (138-0)	58 Click to view Recorded Media
Senate	4/03/2023	3/21/2023	Returned Passed	58AClick to view Recorded Media
Post Passage	5/12/2023	5/12/2023	Approved by the Governor - Chapter 614
			Text - Chapter - Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)

File Code

Subjects

Statutes