Maryland Senate Bill 291: Income Tax - Credit for Income Taxes and Penalties Due to Financial Exploitation

Maryland · 2026 Regular Session

What it does

Allowing a credit against the State income tax for certain income taxes and penalties attributable to an early withdrawal of retirement funds due to financial exploitation; and applying the Act to all taxable years beginning after December 31, 2025.

Latest action

Hearing 2/03 at 2:00 p.m. (2026-01-22)

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