Maryland House Bill 124: Income Tax - Subtraction Modification - Losses From Theft or Fraud

Maryland · 2026 Regular Session

What it does

Allowing, subject to certain limitations, a subtraction modification under the Maryland income tax for certain personal casualty losses of certain retirement assets from theft or a fraud scheme; and applying the Act to taxable years beginning after December 31, 2025.

Latest action

Hearing 1/29 at 1:00 p.m. (2026-01-15)

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