Maryland House Bill 707: Income Tax - Subtraction Modification - Retirement Income

Maryland · 2026 Regular Session

What it does

Including income from certain retirement plans within a certain subtraction modification allowed under the Maryland income tax for certain individuals who are at least 65 years old or who are disabled or whose spouse is disabled; altering the maximum amount of the subtraction modification for certain taxable years; repealing a limitation on the maximum amount of the subtraction modification; applying the Act to all taxable years beginning after December 31, 2025; etc.

Latest action

Hearing 2/19 at 1:00 p.m. (2026-02-03)

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