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State Tax Exemption

The 2024 General Assembly of Maryalnd will convene on January 10th..  Last session did not produce all of the bills favored by MOAA.  We hope that this session will produce more fruitful results. We will be updating this section periodically, so please keep an eye on the 2024 MD-Legislative Session page for proposed legislation and current status.

Of particular interest are:

  • SB 0006 and HB 0063.  These bills are in both Houses of the Legislature and Deal with giving credit on the property tax for the dwellings of Disabled Veterans.
  • SB 0346.  This bill proposes to phase in, over a period of 3 years, an increase in a subtraction modification under the Maryland income tax to allow for a subtraction of all military retirement income beginning in taxable year 2026.

Please check the list of Legislation under the 2025 Legislative Session for more detail on these two bills.

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