Income Tax - Subtraction Modification - Military Retirement Income
Sponsor: Delegate CharlesCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 2/09 at 1:00 p.m. (as of Nov 15, 2022)
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.
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Testimony (3)
MGA witness listFAV 1FavorableUNF 1UnfavorableINFO 1Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Delegate Charles, Delegate Charleslegislator | Individual | Oral |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |
| INFO | Tchantchou, Kevine | Lith Home LLC | Position only |