MD SB65 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 9 2019 - 25% progression, died in chamber
Action: 2019-02-27 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2019 - 25% progression, died in chamber
Action: 2019-02-27 - Unfavorable Report by Budget and Taxation
Text: Latest bill text (Introduced) [PDF]
Summary
Including income from certain retirement plans within a certain subtraction modification allowed under the Maryland income tax for certain individuals; altering the calculation of the subtraction modification; increasing the maximum amount of the subtraction modification allowed for certain taxable years; and prohibiting an individual from qualifying for the subtraction if the total income from all qualified retirement plans for the taxable year exceeds $100,000.
Title
Income Tax - Subtraction Modification - Retirement Income
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-02-27 | Senate | Unfavorable Report by Budget and Taxation |
2019-01-07 | Senate | Hearing 1/17 at 10:30 a.m. |
2019-01-07 | Senate | Hearing canceled |
2019-01-03 | Senate | Hearing 1/17 at 1:45 p.m. |
2019-01-09 | Senate | First Reading Budget and Taxation |
2018-07-13 | Senate | Pre-filed |