Income Tax – Individual Itemized Deductions – Alterations
Maryland bill HB 926 modifies individual income tax itemized deduction rules; hearing scheduled for Feb. 26 to determine revenue and equity impacts.
Maryland bill HB 926 modifies individual income tax itemized deduction rules; hearing scheduled for Feb. 26 to determine revenue and equity impacts.
HB 926 modifies Maryland's individual income tax code regarding itemized deductions. The bill has been introduced and referred to the Ways and Means Committee, with a hearing scheduled for February 26, 2026. The specific alterations to deduction rules are not detailed in the available information provided.
Changes to itemized deduction rules directly affect state tax revenue and taxpayer obligations. Depending on the alterations, this could impact middle and upper-income households differently, potentially affecting filing complexity and overall state tax collections.
Compiled from official sources — confirm details with the bill’s official record.
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