Allowing, subject to certain limitations, a subtraction modification under the Maryland income tax for up to a certain amount each year for certain individuals who are receiving certain benefits under the Social Security Act or who are at least 65 years old and are not employed full time; prohibiting income included in certain subtraction modifications from being included under the subtraction modification; etc.

Statutes affected:
Text - First - Retirement Tax Elimination Act of 2022: 10-207 Tax General, 2-026 Tax General, 10-209 Tax General, 10-207 Tax General, 10-207 Tax General