- Title
- Income Tax - Subtraction Modification - Public Safety Volunteers
- Sponsored by
- Senator Jackson
- Status
- In the Senate - Hearing 1/24 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing, from $7,000 to $10,000, the amount of a subtraction modification under the Maryland income tax for an individual who is a qualifying public safety volunteer for a taxable year beginning after December 31, 2024; requiring each police agency to maintain certain records of the activities of each member of a police auxiliary or reserve, provide each member with a certain report on the preceding calendar year, and provide a certain report and certification that an individual qualified for the subtraction modification; etc.
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Last Updated: 4/15/2024 3:17 PM