MACo Legislative Director Kevin Kinnally today submitted testimony to the Senate Budget and Taxation Committee in opposition to SB 573 Income Tax Subtraction Modification – Correctional Officers, Law Enforcement Officers, and Fire, Rescue, and Emergency Services. This bill establishes a tax reduction for retirees of certain professions that are related to public safety.
From the MACo Testimony:
The swift and unprecedented shock of the COVID-19 public health crisis has wreaked havoc on the economy. As the focus shifts to restoring our state and local economies in a manner that is safe, equitable, and prosperous for all, counties are eager and committed partners in promoting economic growth and creating opportunity – we prefer local autonomy in determining the best way locally.
The Maryland Association of Counties (MACo) opposes state-mandated reductions in local revenue sources, but welcomes tools to grant counties options and flexibility to pursue their own parallel tax incentives, or to develop others to suit their local needs.
Follow MACo’s advocacy efforts during the 2021 legislative session on MACo’s Legislative Tracking Database.