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HB124Introduced in the House of Delegates

Income Tax - Subtraction Modification - Losses From Theft or Fraud

IntroducedHouse Ways and Means

Introduced by Joe Vogel, District 17

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Allowing, subject to certain limitations, a subtraction modification under the Maryland income tax for certain personal casualty losses of certain retirement assets from theft or a fraud scheme; and applying the Act to taxable years beginning after December 31, 2025.

Where it stands

Hearing 1/29 at 1:00 p.m.

January 15, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

Bill history

  1. Pre-filed

  2. First Reading Ways and Means

  3. Hearing 1/29 at 1:00 p.m.

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