MD HB951 | 2021 | Regular Session
Note: Carry Foward to future HB461
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 2 2021 - 25% progression, died in committee
Action: 2021-02-02 - Hearing 2/18 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 2 2021 - 25% progression, died in committee
Action: 2021-02-02 - Hearing 2/18 at 1:30 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing to $20,000 the amount of a subtraction modification under the Maryland income tax for certain military retirement income for individuals who are at least 55 years old; increasing to $10,000 the amount of a subtraction modification under the Maryland income tax for certain retirement income attributable to a resident's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services personnel; etc.
Title
Income Tax Subtraction Modification – Military and Public Safety Retirement Income
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-02 | House | Hearing 2/18 at 1:30 p.m. |
| 2021-02-02 | House | First Reading Ways and Means |
Same As/Similar To
HB951 (Carry Over) 2021-02-02 - Hearing 2/18 at 1:30 p.m.
SB370 (Crossfiled) 2021-03-24 - Referred Ways and Means
SB370 (Crossfiled) 2021-03-24 - Referred Ways and Means
Subjects
Armed Forces
Correctional Officers
Emergency Medical Services
Emergency Services
Exemptions
Fire Protection
Income Tax
Law Enforcement
Rescue Squads
Retirement
Taxes - Income
Veterans
Correctional Officers
Emergency Medical Services
Emergency Services
Exemptions
Fire Protection
Income Tax
Law Enforcement
Rescue Squads
Retirement
Taxes - Income
Veterans
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 207 | (n/a) | See Bill Text |
| Tax - General | 10 | 209 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0951?ys=2021RS |
| Text | https://mgaleg.maryland.gov/2021RS/bills/hb/hb0951f.pdf |
