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SB 1030

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Income Tax - Subtraction Modification - Retirement Income

Sponsor: Justin Ready (District 5)Committee: RulesSubject: Taxes - IncomeStatus: First Reading Senate Rules (as of Nov 6, 2020)

What this bill does

Official synopsis

Authorizing a subtraction modification under the Maryland income tax for certain retirement income attributable to certain out-of-state employment as a correctional officer, law enforcement officer, or fire, rescue, or emergency services personnel; and applying the Act to taxable years beginning after December 31, 2019.

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Testimony (0)

MGA witness list
No witness list on file because no hearing has been scheduled.