Income Tax - Subtraction Modifications for Military and Public Safety Retirement Income (Honoring Their Sacrifice Act of 2022)
What this bill does
Lowering, from 55 to 50, the age at which residents are eligible for a subtraction modification under the Maryland income tax for certain military retirement income and certain retirement income attributable to the resident's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services personnel; and increasing, from $15,000 to $30,000, the amount of the subtraction modifications for certain military and public safety retirement income.
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 (7)
MGA witness list| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Plaut, Arilobbyist | Boston Plaut Attorneys at Law | Position only |
| FAV | Morris, David | MCPA | Written (PDF) |
| FAV | Guibao, Patricklobbyist | MD Military Coalition | Oral |
| FAV | Norton, Robert | Maryland Military Coalition | Oral + Written (PDF) |
| FAV | Delegate Mangione, Delegate Mangionelegislator | Individual | Oral |
| FAV | Massoni, Jennalobbyist | Individual | Written (PDF) |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |