2025 Regular Session • Maryland Legislature
HB60: Income Tax - Subtraction Modification for Military Retirement Income (Keep Our Heroes Home Act)
Legislative Summary
Increasing, from $20,000 to $40,000 over a 2-year period, the amount of a certain subtraction modification under the Maryland income tax for certain military retirement income received by individuals, regardless of age, during a taxable year for certain military service.
Demographic Impact
Overall analysis of equity impact
90% Positive
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Bill History
10/29/2024
Pre-filed
House of Delegates
1/8/2025
First Reading Ways and Means
House of Delegates
1/9/2025
Hearing 1/23 at 1:00 p.m.
House of Delegates
Status Information
Current Status
Introduced(10/29/2024)
Chamber
House of Delegates
Committee
Ways and Means(House of Delegates)
Sponsors
Democrat: 3
Republican: 1
Primary Sponsor
Mike Rogers
Democrat