MD SB30 | 2011 | 1st Special Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on October 17 2011 - 25% progression, died in committee
Action: 2011-10-17 - First Reading Senate Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 17 2011 - 25% progression, died in committee
Action: 2011-10-17 - First Reading Senate Rules
Pending: Senate Rules 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.
Title
State Individual Income Tax - Millionaires' Tax
Sponsors
History
Date | Chamber | Action |
---|---|---|
2011-10-17 | First Reading Senate Rules |
Subjects
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2011s1/billfile/SB0030.htm |
Text | http://mlis.state.md.us/2011s1/bills/sb/sb0030f.pdf |