Income Tax - Subtraction Modification - Military Retirement Income
Sponsor: Delegate NovotnyCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/09 at 1:00 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
Increasing 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 from $15,000 to $20,000.
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Testimony (3)
MGA witness listFAV 2FavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Owings, George | MD Department of Veterans Affairs | Written (PDF) |
| FAV | Delegate Novotny, Delegate Novotnylegislator | Individual | Oral |
| INFO | Tchantchou, Kevine | Lith Home LLC | Position only |