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MD SB528

Sales and Use Tax - Tax-Free Day - Veterans' Day


summary

Introduced
01/24/2025
In Committee
01/24/2025
Crossed Over
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Establishing November 11 as a tax-free day each year during which an exemption from the sales and use tax is provided for sales to certain veterans; requiring an individual, in order to qualify for the exemption, to provide the vendor evidence of eligibility for the exemption; and providing that evidence of eligibility may consist of a valid driver's license or government-issued identification card that includes a notation indicating that the individual is a veteran.

AI Summary

This bill establishes November 11 (Veterans' Day) as an annual tax-free day for veterans in Maryland, beginning in 2025. Under the bill, a "veteran" is defined as an individual who has served on active duty in the United States uniformed services, a reserve component of the Armed Forces or U.S. Public Health Service, or a state's National Guard, and was discharged under conditions other than dishonorable. On this day, sales and use taxes will not apply to purchases made by veterans. To qualify for the tax exemption, veterans must provide evidence of their veteran status to the vendor, which can be a valid driver's license or government-issued identification card that includes a notation indicating veteran status. The bill specifies that this tax exemption will take effect on July 1, 2025, providing a way to honor veterans by offering them a tax break on a day that commemorates their service to the country.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Senate Budget and Taxation Hearing (13:00:00 3/5/2025 ) (on 03/05/2025)

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