Income Tax - Subtraction Modification - Losses From Theft or Fraud
Sponsor: Joe Vogel (District 17)Committee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 1/29 at 1:00 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
Allowing, subject to certain limitations, a subtraction modification under the Maryland income tax for certain personal casualty losses of certain retirement assets from theft or a fraud scheme; and applying the Act to taxable years beginning after December 31, 2025.
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Testimony (10)
MGA witness listFAV 5FavorableFWA 1Favorable with amendmentsUNF 2UnfavorableINFO 2Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Morgan, Karen | AARP | Oral + Written (PDF) |
| FAV | Bevan-Dangel, Jenniferlobbyist | Economic Action Maryland Fund | Written (PDF) |
| FAV | Doyle, Robert | MD Federation of NARFE SLC | Written (PDF) |
| FAV | Peters, Meganlobbyist | Maryland Senior Citizens Action Network (MSCAN) | Written (PDF) |
| FAV | Delegate Vogel, Delegate Vogellegislator | Individual | Oral |
| UNF | Hawkins, Giavante | MSATP | Written (PDF) |
| UNF | Kinnally, Kevin | Maryland Association of Counties (MACo) | Written (PDF) |
| FWA | Vogel, Joe | Office of Delegate Joe Vogel | Written (PDF) |
| INFO | Fiore, Justin | Maryland Municipal League | Written (PDF) |
| INFO | Dudzic, Matthew | Office of the Comptroller | Written (PDF) |
Organizations on record
Registered lobbyists who testified
FAVBevan-Dangel, JenniferEconomic Action Maryland FundRegistered for: Maryland Consumer Rights Coalition DBA Economic Action Maryland; Humane Society of the United States; Chesapeake Bay Foundation; Humane World for Animals
FAVPeters, MeganMaryland Senior Citizens Action Network (MSCAN)Registered for: Alzheimer's Association