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ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore has testified in favor of his proposal to expand state tax relief for military retirees.
The governor testified Thursday for the measure. It calls for expanding the military tax exemption to $25,000 of income in tax year 2023 and $40,000 in tax year 2024. Currently, the state allows anyone receiving military retirement, including surviving spouses, to deduct the first $5,000 from their taxable income if they are under 55 and $15,000 if they are 55 or older. The governor’s proposal would the amount and eliminate the age distinction.
Gov. Moore’s testimony marks the first time a Maryland governor has testified for legislation in person before a committee in more than eight years.
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