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MD SB271

MD SB271
Income Tax - Subtraction Modification - Retirement Income of Fire, Rescue, and Emergency Services Personnel - Eligibility


summary

Introduced
01/19/2026
In Committee
01/19/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Altering a certain subtraction modification under the Maryland income tax to include certain retirement income attributable to a resident's employment with the District of Columbia as a member of a fire, rescue, or emergency services organization; and applying the Act to all taxable years beginning after December 31, 2025.

AI Summary

This bill expands eligibility for a subtraction modification on Maryland income tax, which allows certain retirement income to be subtracted from federal adjusted gross income to determine Maryland adjusted gross income. Specifically, it includes retirement income attributable to employment with the District of Columbia as a member of a fire, rescue, or emergency services organization, alongside existing provisions for correctional officers, law enforcement officers, and other public safety employees of the United States, the State, or its political subdivisions. This change, which applies to taxable years beginning after December 31, 2025, aims to provide a tax benefit to a broader group of retired public safety professionals.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate Budget and Taxation Hearing (14:00:00 2/3/2026 ) (on 02/03/2026)

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