MD SB748 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 13-0)
Status: Introduced on February 1 2024 - 25% progression, died in committee
Action: 2024-02-01 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 1 2024 - 25% progression, died in committee
Action: 2024-02-01 - Hearing 2/21 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the rates and rate brackets under the State income tax on certain income of individuals; and applying the Act to all taxable years beginning after December 31, 2023.
Title
Income Tax - Alteration of Brackets and Rates (Economic Prosperity Act of 2024)
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-01 | Senate | Hearing 2/21 at 1:00 p.m. |
2024-02-01 | Senate | First Reading Budget and Taxation |
Same As/Similar To
HB803 (Crossfiled) 2024-01-31 - Hearing 2/15 at 1:00 p.m.
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
Tax - General | 10 | 105 | (n/a) | See Bill Text |
Maryland State Sources
Type | Source |
---|---|
Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0748?ys=2024RS |
Text | https://mgaleg.maryland.gov/2024RS/bills/sb/sb0748f.pdf |