Legislation - SB0607

Title: Income Tax - Subtraction Modification for Public Safety Retirement Income - Amount
Sponsored by: Senator McCray
Status: In the Senate - First Reading Budget and Taxation
Analysis

Synopsis

Increasing from $15,000 to $20,000 over a period of 5 taxable years the amount allowed as a subtraction modification under the Maryland income tax for certain retirement income attributable to an individual's employment as a public safety employee.

Committees

Original:: Budget and Taxation

Details

Cross-filed with: HB0653

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 2/05/2026 Legislative Date 2/05/2026 Action First Reading Budget and Taxation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/05/2026	2/05/2026	First Reading Budget and Taxation

File Code

Subjects

Statutes