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HB 902

Retire in Maryland Tax Relief Act

2026 Regular Session Introduced by Marlon Amprey and 16 co-sponsors

HB 902 proposes tax relief measures for Maryland retirees, likely targeting retirement income to improve fiscal competitiveness and retention of older residents.

Hearing 2/19 at 1:00 p.m.
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Bill Summary · HB 902

Legislative bill overview

HB 902, the Retire in Maryland Tax Relief Act, appears designed to provide tax incentives or relief measures for retirees in Maryland. While specific provisions aren't detailed in the available information, the bill's title suggests it targets tax benefits for retirement income or retirees relocating to or remaining in the state.

Why is this important

Retirement tax policy affects Maryland's competitiveness in attracting and retaining older residents, which has fiscal implications for state revenue and demographic trends. Tax relief for retirees can influence where people choose to spend their retirement years, impacting both the state's tax base and the economic activity of aging populations.

Potential points of contention

  • Revenue impact: Expanding tax relief reduces state revenue, requiring either spending cuts or tax increases elsewhere to maintain budget balance
  • Equity concerns: Targeted tax relief for retirees may be viewed as unfair to working-age taxpayers or lower-income residents who don't benefit equally
  • Specificity of benefits: Without knowing which retirement income is targeted (pensions, Social Security, investment income), the actual scope and fairness of the relief remains unclear

Compiled from official sources — confirm details with the bill’s official record.

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