- Income Tax Subtraction Modification – Correctional Officers, Law Enforcement Officers, and Fire, Rescue, and Emergency Services Personnel (Hometown Heroes Act)
- Sponsored by
- The President (By Request - Administration) and Senators Augustine, Bailey, Beidle, Carozza, Cassilly, Eckardt, Edwards, Elfreth, Gallion, Hershey, Jennings, Peters, Ready, Salling, Serafini, Simonaire, and West
- In the Senate - Hearing 2/05 at 2:00 p.m.
- Fiscal and Policy Note
Altering, from 55 years old to 50 years old, the age at which a resident is eligible for a subtraction modification under the Maryland income tax for retirement income attributable to certain employment; altering the amount of certain retirement income that may be included under a certain subtraction modification; applying the Act to taxable years beginning after December 31, 2019; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2020
By Request of the Governor
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Last Updated: 9/22/2020 2:57 PM