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Neutral Bill Mar 16, 2026

Taxation - Ultra-High-Net-Worth Individual Surtax and Wealth Tax

Imposing a surtax on the Maryland taxable income of individuals with a net worth in excess of $1,000,000,000; providing for the calculation, administration, and enforcement of the surtax; imposing a one-time wealth tax on the amount by which the net worth of a Maryland resident exceeds a certain amount; providing for the calculation, administration, collection, and enforcement of the one-time wealth tax; etc.

https://legiscan.com/MD/bill/HB1238/2026
Bill data from LegiScan, used under CC BY 4.0.
Kent Roberson Delegate
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