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SB 382

Maryland Senate bill in Session 2026.

Status: introduced. Latest action: May 15, 2026.

Retire in Maryland Tax Relief Act.

Bill ID MD-2026-SB-382
Session 2026
Status introduced
Committee Budget and Taxation
Senate introduced 2026-05-15
Summary

Authorizing a credit against the State income tax for certain taxpayers who are at least 77 years old; providing that if the credit exceeds the State income tax for a taxable year, the unused amount of the credit may not be carried over to any other taxable year; and applying the Act to taxable years beginning after December 31, 2025.

Sponsor
Senator Watson
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-27 Introduced Bill introduced
2026-01-27 Status introduced
2026-05-15 Latest Action In the Senate - Hearing 2/11 at 2:00 p.m.
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