Maryland 2025 Regular Session

Maryland House Bill HB792 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2
3	3	EXPLANATION: CAPITALS INDICATE MATTER ADDE D TO EXISTING LAW .
4	4	[Brackets] indicate matter deleted from existing law.
5	5	hb0792
6	6
7	7	HOUSE BILL 792
8	8	Q3 5lr2289
9	9	HB 714/24 – W&M CF SB 30
10	10	By: Delegates Griffith, Arentz, Buckel, Chisholm, Hartman, Hornberger,
11	11	Hutchinson, Jacobs, A. Johnson, S. Johnson, McComas, Nawrocki, Otto,
12	12	Pippy, Reilly, Schmidt, Szeliga, and Valentine
13	13	Introduced and read first time: January 29, 2025
14	14	Assigned to: Ways and Means
15	15
16	16	A BILL ENTITLED
17	17
18	18	AN ACT concerning 1
19	19
20	20	Income Tax – Subtraction Modification – Public Safety Employee Retirement 2
21	21	Income 3
22	22
23	23	FOR the purpose of altering the amount allowed as a subtraction modification under the 4
24	24	Maryland income tax for certain retirement income attributable to an individual’s 5
25	25	employment as a public safety employee; and generally relating to a subtraction 6
26	26	modification under the Maryland income tax for the retirement income of public 7
27	27	safety employees. 8
28	28
29	29	BY repealing and reenacting, without amendments, 9
30	30	Article – Tax – General 10
31	31	Section 10–207(a) 11
32	32	Annotated Code of Maryland 12
33	33	(2022 Replacement Volume and 2024 Supplement) 13
34	34
35	35	BY repealing and reenacting, with amendments, 14
36	36	Article – Tax – General 15
37	37	Section 10–207(mm) 16
38	38	Annotated Code of Maryland 17
39	39	(2022 Replacement Volume and 2024 Supplement) 18
40	40
41	41	SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 19
42	42	That the Laws of Maryland read as follows: 20
43	43
44	44	Article – Tax – General 21
45	45
46	46	10–207. 22
47	47	2 HOUSE BILL 792
48	48
49	49
50	50	(a) To the extent included in federal adjusted gross income, the amounts under 1
51	51	this section are subtracted from the federal adjusted gross income of a resident to determine 2
52	52	Maryland adjusted gross income. 3
53	53
54	54	(mm) (1) (i) In this subsection the following words have the meanings 4
55	55	indicated. 5
56	56
57	57	(ii) “Correctional officer” means an individual who: 6
58	58
59	59	1. was employed in: 7
60	60
61	61	A. a State correctional facility, as defined in § 1–101 of the 8
62	62	Correctional Services Article; 9
63	63
64	64	B. a local correctional facility, as defined in § 1–101 of the 10
65	65	Correctional Services Article; 11
66	66
67	67	C. a juvenile facility included in § 9–226 of the Human 12
68	68	Services Article; or 13
69	69
70	70	D. a facility of the United States that is equivalent to a State 14
71	71	or local correctional facility or a juvenile facility included in § 9–226 of the Human Services 15
72	72	Article; and 16
73	73
74	74	2. is eligible to receive retirement income attributable to the 17
75	75	individual’s employment under item 1 of this subparagraph. 18
76	76
77	77	(iii) “Emergency services personnel” means emergency medical 19
78	78	technicians or paramedics. 20
79	79
80	80	(iv) “Employee retirement system” has the meaning stated under § 21
81	81	10–209(a) of this subtitle. 22
82	82
83	83	(v) “Public safety employee” means an individual who is a retired 23
84	84	correctional officer, law enforcement officer, or fire, rescue, or emergency services personnel 24
85	85	of the United States, the State, or a political subdivision of the State. 25
86	86
87	87	(2) The subtraction under subsection (a) of this section includes the first 26
88	88	[$15,000] $20,000 of income from an employee retirement system that is attributable to 27
89	89	service as a public safety employee, if the income is received by an individual who is at least 28
90	90	55 years old on the last day of the taxable year. 29
91	91
92	92	SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 30
93	93	1, 2025, and shall be applicable to all taxable years beginning after December 31, 2024. 31
94	94