MD HB1244 | 2017 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 24-7)
Status: Introduced on February 10 2017 - 25% progression, died in committee
Action: 2017-03-08 - Hearing 3/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 10 2017 - 25% progression, died in committee
Action: 2017-03-08 - Hearing 3/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing from $5,000 to $10,000 a subtraction modification under the State income tax for specified military retirement income for individuals who are under the age of 65 years on the last day of the taxable year; and applying the Act to all taxable years beginning after December 31, 2016.
Title
Income Tax - Subtraction Modification - Military Retirement Income - Individuals Under the Age of 65 Years
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-03-08 | House | Hearing 3/08 at 1:00 p.m. |
2017-02-10 | House | First Reading Ways and Means |