Maryland Military Coalition On Twitter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 
Maryland MOAA members are working vigorously to pass exemptions on the taxation of military retirement pay in their state.
 
Senate Bill 574 and accompanying House Bill 734, both introduced Jan. 26, would grant a partial state tax exemption for military retirement in the 2021 tax year  either $15,000 or 50% of the military retirement income, whichever is greater. For the 2022 tax year and beyond, the exemption would extend to all military retirement income received.
 
MOAA’s Maryland Council of Chapters is part of the Maryland Military Coalition (on Twitter: @MDMilCoalition), a group of 17 organizations that’s fighting to secure the exemption, said Col. Bob Norton, USA (Ret), council president.  Members of that group “strongly support Gov. [Larry] Hogan’s bill to phase out state income tax on military retired pay as 31 other states have done,” Norton said.   ....

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