MD HB227 | 2023 | Regular Session
Note: Carry Over of previous HB473
Status
Spectrum: Moderate Partisan Bill (Democrat 10-3)
Status: Introduced on January 23 2023 - 25% progression, died in committee
Action: 2023-01-25 - Hearing 2/09 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 23 2023 - 25% progression, died in committee
Action: 2023-01-25 - Hearing 2/09 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a subtraction modification under the Maryland income tax for the first $20,000 of military retirement income received by an individual during the taxable year if the individual has received a determination of a 100% service-connected disability from the U.S. Department of Veterans Affairs; and applying the Act to all taxable years beginning after December 31, 2022.
Title
Income Tax - Subtraction Modification - Military Retirement
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-25 | House | Hearing 2/09 at 1:00 p.m. |
| 2023-01-23 | House | First Reading Ways and Means |
Same As/Similar To
HB473 (Carry Over) 2022-01-27 - Hearing 2/09 at 1:00 p.m.
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 207 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0227?ys=2023RS |
| Text | https://mgaleg.maryland.gov/2023RS/bills/hb/hb0227f.pdf |
