Income Tax Subtraction Modification – Military and Public Safety Retirement Income
Sponsor: Senator PetersCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: First Reading Ways and Means (as of Dec 1, 2021)
What this bill does
Official synopsis
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.
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Testimony (7)
MGA witness listFAV 6FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | consoli, angelo | FOP Lodge 89 and Maryland State Lodge | Written (PDF) |
| FAV | Spiegel, Jayson | Individual | Written (PDF) |
| FAV | Buddle, Jeffrey | Professional Fire Fighters of Maryland | Oral |
| FAV | Bragg, Melissa | Professional Firefighters of Maryland | Position only |
| FAV | Kidder, Aaron | Professional Paramedics and EMTs of Charles County, IAFF Local 4658 | Position only |
| FAV | Senator Peters, Senator Peterslegislator | Individual | Oral |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |