Passed BothConf. Cmte
- Income Tax - Subtraction Modification - Individuals At Least 75 Years Old (Diamond Income Reduction Act)
- Sponsored by
- Senators Brooks, West, and Kramer
- In the Senate - Hearing 2/08 at 1:00 p.m.
- Fiscal and Policy Note
Altering eligibility for a subtraction modification under the Maryland income tax for the first $100,000 of income received during a taxable year by an individual who is at least 75 years old, rather than 100 years old; and applying the Act to all taxable years beginning after December 31, 2022.
Bill File Type: Regular
Effective Date(s): July 1, 2023
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Last Updated: 2/9/2023 11:48 AM