MD SB28 | 2012 | Regular Session
Status
Sponsorship: Moderate Partisan Bill (Democrat 11-3)
Status: Introduced on January 11 2012 - 25% progression, died in committee
Action: 2012-01-18 - Hearing 2/1 at 3:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 11 2012 - 25% progression, died in committee
Action: 2012-01-18 - Hearing 2/1 at 3:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increasing the maximum amount for a subtraction modification under the State income tax for military retirement income from $5,000 to $10,000 of military retirement income received; providing for a delayed effective date; and applying the Act to taxable years beginning after December 31, 2013.
Title
Income Tax - Military Retirement Income
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-18 | Hearing 2/1 at 3:00 p.m. | |
| 2012-01-11 | First Reading Budget and Taxation | |
| 2011-09-08 | Pre-filed |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0028.htm |
| Text | http://mlis.state.md.us/2012rs/bills/sb/sb0028f.pdf |
