Maryland House Bill 503 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 31 2017 - 100% progression
Action: 2017-03-31 - Approved by the Governor - Chapter 4
Text: Latest bill text (Chaptered) [PDF]

Requiring the Bureau of Revenue Estimates, beginning with the revenue estimate for fiscal year 2020, to calculate a specified share of General Fund revenues represented by specified nonwithholding income tax revenues; requiring the Bureau to make a specified adjustment to a specified revenue estimate relating to nonwithholding income tax revenues under specified circumstances; establishing the Fiscal Responsibility Fund to retain the amount of nonwithholding income tax revenues until the revenues are appropriated in the State budget; etc.

State Budget - Appropriations - Income Tax Revenue Estimate Cap and Revenue Stabilization Account

Del. Maggie McIntosh [D]

2017-03-23 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-17 - House - House Floor - Third Reading Passed (140-0) (Y: 140 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2017-03-31	House	Approved by the Governor - Chapter 4
2017-03-27	House	Returned Passed
2017-03-27	Senate	Third Reading Passed (46-0)
2017-03-24	Senate	Second Reading Passed
2017-03-24	Senate	Favorable Report Adopted
2017-03-24	Senate	Favorable Report by Budget and Taxation
2017-03-23	Senate	Hearing 3/23 at 1:00 p.m.
2017-03-20	Senate	First Reading Budget and Taxation
2017-03-20	House	Third Reading Passed (140-0)
2017-03-18	House	Second Reading Passed with Amendments
2017-03-18	House	Favorable with Amendments {444267/1 Report Adopted
2017-03-18	House	Favorable with Amendments Report by Appropriations
2017-03-03	House	Hearing 3/03 at 1:00 p.m.
2017-01-27	House	First Reading Appropriations

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0503?ys=2017rs
Text	https://mgaleg.maryland.gov/2017RS/bills/hb/hb0503f.pdf
Text	https://mgaleg.maryland.gov/2017RS/bills/hb/hb0503t.pdf
Text	https://mgaleg.maryland.gov/2017RS/Chapters_noln/CH_4_hb0503t.pdf
Amendment	https://mgaleg.maryland.gov/2017RS/amds/bil_0003/hb0503_44426701.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/fnotes/bil_0003/hb0503.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/hb0503_app.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/hb0503_b&t.pdf
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0503,h-0828&stab=02&ys=2017RS
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0503,s-0840&stab=02&ys=2017RS