# Maryland

Type: government

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/maryland
Canonical HTML page: https://getfinancebrief.com/entity/maryland

## Timeline

- **2025-12-31**: The Tax Cliff — Scheduled expiration of TCJA individual tax rates and standard deduction increases.
- **2024-03-16**: Maryland Proposal Introduced — Senator Van Hollen announces the push for expanded credits to eliminate tax liability for millions.
- **2021-03-11**: Temporary CTC Expansion — The American Rescue Plan temporarily expands the Child Tax Credit, providing a proof-of-concept for the current proposal.
- **2017-12-22**: TCJA Enacted — The Tax Cuts and Jobs Act is signed into law, setting expiration dates for many individual provisions.

## Recent coverage (1 stories)

### Maryland Tax Proposal: Federal Relief for Millions Amid Inflation Pressures
2026-03-16 12:53:17 · Sentiment: Neutral · Impact: 6/10 · Sources: 7

Senator Chris Van Hollen is spearheading a legislative push to expand federal tax credits, a move that could effectively eliminate federal income tax liability for millions of Marylanders. The proposal targets low-to-middle-income families by restructuring the Child Tax Credit and Earned Income Tax Credit to combat rising costs of living.
Full story: https://getfinancebrief.com/story/maryland-federal-tax-elimination-proposal-analysis

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