MD HB222 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 25-0)
Status: Introduced on January 16 2020 - 25% progression, died in committee
Action: 2020-01-29 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 16 2020 - 25% progression, died in committee
Action: 2020-01-29 - Hearing 2/12 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Providing for an additional State individual income tax rate of 1% on net capital gains of individuals; applying the Act to taxable years beginning after December 31, 2019; etc.
Title
Income Tax Rates - Capital Gains Income
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-01-29 | House | Hearing 2/12 at 1:00 p.m. |
2020-01-29 | House | Hearing canceled |
2020-01-24 | House | Hearing 2/13 at 1:00 p.m. |
2020-01-16 | House | First Reading Ways and Means |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 105 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0222?ys=2020RS |
Text | https://mgaleg.maryland.gov/2020RS/bills/hb/hb0222f.pdf |