Maryland Senate Bill 371 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 9-0)
Status: Passed on May 4 2017 - 100% progression
Action: 2017-05-04 - Approved by the Governor - Chapter 550
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; stating it is the goal of the State that 10% of estimated General Fund revenues in specified years be retained in the Revenue Stabilization Account; establishing the Fiscal Responsibility Fund for the purpose of retaining specified tax revenues to provide pay-as-you-go capital funds for specified purposes; etc.

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

Sen. Roger Manno [D]	Sen. Edward Kasemeyer [D]	Sen. James DeGrange [D]	Sen. Nancy King [D]
Sen. Richard Madaleno [D]	Sen. Jim Mathias [D]	Sen. Nathaniel McFadden [D]	Sen. Thomas Middleton [D]
Sen. Thomas Miller [D]

2017-03-31 - House - House Floor - Third Reading Passed (134-0) (Y: 134 N: 0 NV: 4 Abs: 3) [PASS]
2017-03-23 - Senate - Senate Floor - Third Reading Passed (45-0) (Y: 45 N: 0 NV: 1 Abs: 1) [PASS]

Date	Chamber	Action
2017-05-04	Senate	Approved by the Governor - Chapter 550
2017-04-10	Senate	Returned Passed
2017-04-07	House	Third Reading Passed (134-0)
2017-04-06	House	Second Reading Passed
2017-04-06	House	Favorable Report Adopted
2017-04-06	House	Favorable Report by Appropriations
2017-04-05	House	Hearing 4/05 at 1:00 p.m.
2017-04-04	House	Rereferred to Appropriations
2017-03-27	House	First Reading House Rules and Executive Nominations
2017-03-27	Senate	Third Reading Passed (45-0)
2017-03-24	Senate	Second Reading Passed with Amendments
2017-03-24	Senate	Favorable with Amendments {419234/1 Report Adopted
2017-03-24	Senate	Favorable with Amendments Report by Budget and Taxation
2017-02-15	Senate	Hearing 2/15 at 1:00 p.m.
2017-01-26	Senate	First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0371?ys=2017rs
Text	https://mgaleg.maryland.gov/2017RS/bills/sb/sb0371f.pdf
Text	https://mgaleg.maryland.gov/2017RS/bills/sb/sb0371t.pdf
Text	https://mgaleg.maryland.gov/2017RS/Chapters_noln/CH_550_sb0371t.pdf
Amendment	https://mgaleg.maryland.gov/2017RS/amds/bil_0001/sb0371_41923401.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/fnotes/bil_0001/sb0371.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/sb0371_b&t.pdf
Supplement	https://mgaleg.maryland.gov/2017RS/votes_comm/sb0371_app.pdf
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0371,s-0820&stab=02&ys=2017RS
Roll Call	https://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0371,h-1254&stab=02&ys=2017RS