MD HB784 | 2012 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 24)
Status: Introduced on February 9 2012 - 25% progression, died in committee
Action: 2012-02-27 - Hearing 3/6 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 9 2012 - 25% progression, died in committee
Action: 2012-02-27 - Hearing 3/6 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing the State income tax rate for an individual to 6.25% of Maryland taxable income in excess of $1,000,000; requiring the Comptroller to waive specified interest and penalties for the 2012 calendar year; and applying the Act to taxable years beginning after December 31, 2011; etc.
Title
State Individual Income Tax - Millionaires' Tax
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-27 | Hearing 3/6 at 1:00 p.m. | |
| 2012-02-27 | Hearing cancelled | |
| 2012-02-09 | Hearing 2/28 at 1:00 p.m. | |
| 2012-02-09 | First Reading Ways and Means |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/HB0784.htm |
| Text | http://mlis.state.md.us/2012rs/bills/hb/hb0784f.pdf |
