MD HB448 | 2014 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 23)
Status: Introduced on January 27 2014 - 25% progression, died in committee
Action: 2014-02-14 - Hearing 2/14 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 27 2014 - 25% progression, died in committee
Action: 2014-02-14 - Hearing 2/14 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, 2013; etc.
Title
Income Tax - Elimination of the Marriage Penalty
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-02-14 | House | Hearing 2/14 at 1:00 p.m. |
| 2014-01-27 | House | First Reading Ways and Means |
