MD SB269 | 2020 | Regular Session

Note: Carry Foward to future SB573

Status

Spectrum: Slight Partisan Bill (Republican 13-5)
Status: Introduced on January 20 2020 - 25% progression, died in committee
Action: 2020-01-28 - Hearing 2/05 at 2:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering, from 55 years old to 50 years old, the age at which a resident is eligible for a subtraction modification under the Maryland income tax for retirement income attributable to certain employment; altering the amount of certain retirement income that may be included under a certain subtraction modification; applying the Act to taxable years beginning after December 31, 2019; etc.

Tracking Information

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Title

Income Tax Subtraction Modification – Correctional Officers, Law Enforcement Officers, and Fire, Rescue, and Emergency Services Personnel (Hometown Heroes Act)

Sponsors


History

DateChamberAction
2020-01-28SenateHearing 2/05 at 2:00 p.m.
2020-01-28SenateHearing canceled
2020-01-21SenateHearing 2/05 at 1:00 p.m.
2020-01-20SenateFirst Reading Budget and Taxation

Same As/Similar To

SB269 (Carry Over) 2020-01-28 - Hearing 2/05 at 2:00 p.m.
HB350 (Crossfiled) 2020-01-24 - Hearing 2/14 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10209(n/a)See Bill Text

Maryland State Sources


Bill Comments

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