HB461: Income Tax Subtraction Modification - Military and Public Safety Retirement Income
Legislative Summary
Increasing from $15,000 to $20,000 the amount of certain subtraction modifications under the Maryland income tax for individuals who are at least 55 years of age for certain retirement income received as a result of the individual's military service or attributable to the individual's employment as a correctional officer, a law enforcement officer, or a fire, rescue, or emergency services personnel.
Demographic Impact
Overall analysis of equity impact
Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
Status Information
Sponsors
Primary Sponsor
