MD HB1453 | 2022 | Regular Session
Note: Carry Over of previous HB342
Status
Spectrum: Slight Partisan Bill (Republican 7-4)
Status: Introduced on February 24 2022 - 25% progression, died in committee
Action: 2022-02-24 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 24 2022 - 25% progression, died in committee
Action: 2022-02-24 - First Reading House Rules and Executive Nominations
Pending: House Rules and Executive Nominations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing individuals with less than $100,000 of federal adjusted gross income a subtraction modification under the Maryland income tax if the individual is receiving old age or survivor Social Security benefits or is at least 65 years old and not employed full-time; providing that the subtraction modification may not include income that is included under another subtraction modification; etc.
Title
Retirement Tax Reduction Act of 2022
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-02-24 | House | First Reading House Rules and Executive Nominations |
Same As/Similar To
SB344 (Crossfiled) 2022-01-31 - Hearing 2/23 at 1:00 p.m.
HB342 (Carry Over) 2020-01-24 - Hearing 2/14 at 1:00 p.m.
HB342 (Carry Over) 2020-01-24 - Hearing 2/14 at 1:00 p.m.
Subjects
Comptroller
Correctional Officers
Elderly Persons
Emergency Services
Exemptions
Fire Protection
Income Tax
Law Enforcement
Rescue Squads
Retirement
Rules and Regulations
Social Security
Spouses
Taxes - Income
Correctional Officers
Elderly Persons
Emergency Services
Exemptions
Fire Protection
Income Tax
Law Enforcement
Rescue Squads
Retirement
Rules and Regulations
Social Security
Spouses
Taxes - Income
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 207 | (n/a) | See Bill Text |
Tax - General | 10 | 209 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1453?ys=2022RS |
Text | https://mgaleg.maryland.gov/2022RS/bills/hb/hb1453f.pdf |