← All Maryland bills

HB323Introduced in the House of Delegates

Income Tax - Credit for Income Taxes and Penalties Due to Financial Exploitation

Introduced

Introduced by Vaughn Stewart, District 19

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 a credit against the State income tax for certain income taxes and penalties attributable to an early withdrawal of retirement funds due to financial exploitation; and applying the Act to all taxable years beginning after December 31, 2025.

Where it stands

Withdrawn by Sponsor

March 9, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. First Reading Ways and Means

  2. Hearing 2/05 at 1:00 p.m.

  3. Withdrawn by Sponsor

Verify the information

Our commitment to neutrality

We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.