Gov. Wes Moore's Keep Our Heroes Home Act would exempt up to $40,000 of military retirement income from state taxes. Current law allows the same individuals who are age 55 or older to exempt up to $15,000, and those who are younger to exempt $5,000.
Gov. Wes Moore asked members of the Maryland House Ways and Means Committee to advance his proposal to expand an income tax break for military veterans.
Gov. Wes Moore urges tax breaks for military retirees and mandates Minority Business Enterprise reports; ex-treasurer is charged with stealing over $140,000 in campaign funds
Gov. Wes Moore testified Thursday in support of a bill that would give military retirees a larger tax break, one of the pieces of legislation his administration requested the Speaker of the House to submit for this session.