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Retirement Tax Breaks Considered by Maryland Lawmakers

Don Rush

ANNAPOLIS, Md. (AP) - A Maryland Senate panel has added a tax break on retirement income for law enforcement and emergency services personnel to an overall tax-relief plan.

The Senate Budget and Taxation Committee made the changes Wednesday, sending it to the full Senate.

The panel essentially added a Senate tax-relief plan and the break on retirement income to a bill that already has passed the House.

The changes need Senate and House approval before the session ends Monday at midnight, to send them to Gov. Larry Hogan.

The previous Senate plan reduces Maryland's top four tax-rate brackets over five years. It also expands the state's Earned Income Tax Credit for low-income workers. People who make less than $100,000 would get a bump in personal exemptions.

Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.