Maryland legislation · 2026 Regular Session
Maryland SB382: Retire in Maryland Tax Relief Act
Status: In committee, February 3, 2026
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.
What the bill says
A bill ENTITLED AN ACT concerning Retire in Maryland Tax Relief Act FOR the purpose of authorizing a credit against the State income tax for certain taxpayers who are at least a certain age; and generally relating to an income tax credit for taxpayers who are at least a certain age. BY adding to Article - Tax - General Section 10-754.1 Annotated Code of Maryland (2022 Replacement Volume and 2025 Supplement).
From the introduced text, January 27, 2026:
A BILL ENTITLED AN ACT concerning Retire in Maryland Tax Relief Act FOR the purpose of authorizing a credit against the State income tax for certain taxpayers who are at least a certain age; and generally relating to an income tax credit for taxpayers who are at least a certain age. BY adding to Article - Tax - General Section 10-754.1 Annotated Code of Maryland (2022 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Tax - General 10-754.1. (A) IN THIS SECTION, "ELIGIBLE TAXPAYER" MEANS A RESIDENT WHO: (1) ON THE LAST DAY OF THE TAXABLE YEAR, IS AT LEAST 77 YEARS OLD; AND (2) HAS FEDERAL ADJUSTED GROSS INCOME NOT OR EXPLANATION: CAPITALS INDICATE MATTER ADDED TO EXISTING LAW. [Brackets] indicate matter deleted from exist in g l aw . *sb0382* SENATE BILL (II) $250,000 FOR SPOUSES FILING A JOINT RETURN OR FOR A SURVIVING SPOUSE OR HEAD OF HOUSEHOLD AS DEFINED IN § 2 OF THE INTERNAL REVENUE CODE. (B) (1) THIS SUBSECTION APPLIES TO AN ELIGIBLE TAXPAYER FILING AS AN INDIVIDUAL OR AS A SURVIVING SPOUSE OR HEAD OF HOUSEHOLD AS DEFINED IN § 2 OF THE INTERNAL REVENUE CODE. (2) SUBJECT TO SUBSECTIONS (D) AND (E) OF THIS …
Sponsors
- Watson (D) · primary sponsor
- Joanne Benson (D, SD-024)
- Chris West (R, 42)
- Johnny Salling (R, SD-006)
- Dawn Gile (D, 33)
- Jack Bailey (R, 29)
- Mary Carozza (R, SD-038)
- Anthony Muse (D, SD-026)
- J.B. Jennings (R, 7)
Latest actions
- : Hearing 2/11 at 2:00 p.m.
- : Hearing canceled
- : Hearing 2/11 at 1:00 p.m.
- : First Reading Budget and Taxation
Common questions
- What is SB382?
- SB382 is a bill in the Maryland Legislature (2026 Regular Session): Retire in Maryland Tax Relief Act.
- What does SB382 do?
- In its own words: A bill ENTITLED AN ACT concerning Retire in Maryland Tax Relief Act FOR the purpose of authorizing a credit against the State income tax for certain taxpayers who are at least a certain age; and generally relating to an income tax credit for taxpayers who are at least a certain age. BY adding to Article - Tax - General Section 10-754.1 Annotated Code of Maryland (2022 Replacement Volume and 2025 Supplement).
- What is the status of SB382?
- In committee as of February 3, 2026. Latest action: Hearing 2/11 at 2:00 p.m. (February 3, 2026).
- Who sponsored SB382?
- Watson (D), with 8 co-sponsors.
- Where is the official record for SB382?
- On the Maryland Legislature website: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/sb0382?ys=2026RS
Source: official Maryland record. Tracked by Delilah, AI for legislation across all 50 states and Congress.