Maryland Senate Bill SB235

Maryland 2022 Regular Session

• Introduced: 1/13/22
• Refer: 1/13/22

Caption

Income Tax - Personal Exemption - Disabled Individuals

Impact

The bill amends existing tax legislation to provide specific financial relief to disabled individuals by introducing a personal exemption of $3,200, with additional considerations for dependents and others meeting specified criteria. By allowing these exemptions, SB235 seeks to alleviate some of the economic strain faced by disabled Maryland residents and aims to align state tax practices with the goals of supporting individuals with disabilities effectively.

Summary

Senate Bill 235, introduced by Senator Jackson, focuses on income tax provisions for disabled individuals in Maryland. The bill allows certain disabled individuals to deduct a notable amount as a personal exemption under the state's income tax regime, enhancing the financial support available to this community. This is significant as it aims to reduce the tax burden on those living with disabilities, acknowledging the additional challenges they encounter in day-to-day life.

Contention

While the bill is expected to provide substantial benefits to disabled individuals, it may also provoke discussions about its implications for state revenue. Critics may argue that such tax deductions could lead to reductions in overall state funding for services essential to the same population the bill seeks to help. Balancing financial support for disabled individuals while ensuring adequate state resources remains a point of contention as lawmakers debate the bill. Overall, the legislative conversation surrounding SB235 reflects broader themes of social equity and fiscal responsibility.