MD HB708 | 2025 | Regular Session

Note: Carry Foward to future HB542
Note: Carry Over of previous HB608

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 24 2025 - 25% progression, died in committee
Action: 2025-01-27 - Hearing 2/13 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Expanding eligibility for the Maryland earned income tax credit for individuals without qualifying children by altering the income thresholds at which the credit phases out; providing that, after the 2024 tax year, the income threshold and phase-out amounts are adjusted annually for inflation; and applying the Act to all taxable years beginning after December 31, 2024.

Tracking Information

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Title

Earned Income Tax Credit - Individuals Without Qualifying Children - Eligibility

Sponsors


History

DateChamberAction
2025-01-27HouseHearing 2/13 at 1:00 p.m.
2025-01-24HouseFirst Reading Ways and Means

Same As/Similar To

HB708 (Carry Over) 2025-01-27 - Hearing 2/13 at 1:00 p.m.
HB608 (Carry Over) 2024-01-25 - Hearing 2/08 at 1:00 p.m.
SB668 (Crossfiled) 2025-02-11 - Hearing 2/12 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10704(n/a)See Bill Text

Maryland State Sources


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