Retirement Tax Reduction Act of 2021
Sponsor: PresidentCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 2/10 at 2:00 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
Allowing a subtraction modification under the Maryland income tax for up to a certain amount each year for certain individuals who are receiving certain benefits under the Social Security Act, or who are at least 65 years old and are not employed full time; establishing certain limits on the subtraction modification for certain taxable years; prohibiting income included in certain subtraction modifications from being included under the subtraction modification; etc.
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Testimony (8)
MGA witness listFAV 6FavorableUNF 2Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Bresnahan, Tammy | AARP Maryland | Written (PDF) |
| FAV | Keane, Alexandralobbyist | Governor's Office | Oral + Written (PDF) |
| FAV | Carpenter, Joel | Individual | Oral |
| FAV | Coogan, Lori | Individual | Position only |
| FAV | Mitchell, Keifferlobbyist | Individual | Oral |
| FAV | President, President | Individual | Oral |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |
| UNF | Schumitz, Kalilobbyist | Maryland Center on Economic Policy | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVMitchell, KeifferRegistered for: Allan Myers, MD, Inc.; Armis; Bentley Systems; Coach USA Inc; College Board; Findhelp…
UNFSchumitz, KaliMaryland Center on Economic PolicyRegistered for: Maryland Center on Economic Policy