MD HB1361 | 2020 | Regular Session
Note: Carry Foward to future HB282
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 7 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2020 - 25% progression, died in committee
Action: 2020-02-10 - Hearing 3/05 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Authorizing a subtraction modification under the Maryland income tax for up to $50,000 of income received during a taxable year by an individual who is at least 100 years old; and applying the Act to taxable years beginning after December 31, 2019.
Title
Income Tax - Subtraction Modification for Centenarians
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-10 | House | Hearing 3/05 at 1:00 p.m. |
| 2020-02-07 | House | First Reading Ways and Means |
Same As/Similar To
HB1361 (Carry Over) 2020-02-10 - Hearing 3/05 at 1:00 p.m.
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Tax - General | 10 | 207 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1361?ys=2020RS |
| Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb1361f.pdf |
