MD HB230 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 14-0)
Status: Introduced on January 20 2017 - 25% progression, died in committee
Action: 2017-02-08 - Hearing 2/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 20 2017 - 25% progression, died in committee
Action: 2017-02-08 - Hearing 2/08 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a subtraction modification under the Maryland income tax for contributions to a specified first-time homebuyer savings account during a taxable year and specified earnings on the account; providing that an account holder may claim the subtraction modification under specified circumstances; providing that transfers of money to or from the account are subject to specified requirements and limitations; applying the Act to all taxable years beginning after December 31, 2016; etc.
Title
Income Tax - Subtraction Modification - First-Time Homebuyer Savings Accounts
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-08 | House | Hearing 2/08 at 1:00 p.m. |
| 2017-01-20 | House | First Reading Ways and Means |
Subjects
Comptroller
Exemptions
Financial Institutions
Income Tax
Investments
Records
Rules and Regulations
Taxes - Income
Exemptions
Financial Institutions
Income Tax
Investments
Records
Rules and Regulations
Taxes - Income
