Income Tax - Subtraction Modification - Military Retirement Income
Sponsor: Delegate CharlesCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 3/30 at 1:00 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
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 taxable years beginning after December 31, 2020.
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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (11)
MGA witness listFAV 9FavorableUNF 2Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | consoli, angelo | FOP Lodge 89 and Maryland State Lodge | Position only |
| FAV | Charles, Delegate Nick | House of Delegate | Written (PDF) |
| FAV | Charles, Delegate Nick | House of Delegate | Written (PDF) |
| FAV | Bergman, Dayana | Individual | Oral |
| FAV | Delegate Charles, Delegate Charleslegislator | Individual | Oral |
| FAV | Delegate Charles, Delegate Charleslegislator | Individual | Oral |
| FAV | Nash, Lynnlobbyist | Individual | Oral |
| FAV | Speight, William | Individual | Oral + Written (PDF) |
| FAV | Speight, William | Individual | Written (PDF) |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |