MD HB315 | 2016 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-02-09 - Hearing 2/09 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 27 2016 - 25% progression, died in committee
Action: 2016-02-09 - Hearing 2/09 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Reducing the State income tax rates imposed on married couples filing a joint income tax return and for specified individuals with income between $150,000 and $500,000; increasing the amount allowed as a deduction for specified exemptions for married couples and specified individuals to twice the amount allowed as a deduction for specified individuals; applying the Act to taxable years beginning after December 31, 2015; etc.
Title
Income Tax - Elimination of the Marriage Penalty
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-02-09 | House | Hearing 2/09 at 1:00 p.m. |
| 2016-01-27 | House | First Reading Ways and Means |
