Maryland Senate Bill 752 (Prior Session Legislation)

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Sponsorship: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on February 3 2012 - 25% progression, died in committee
Action: 2012-03-07 - Hearing 3/13 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]

Increasing the amount allowed as a subtraction modification under the State income tax for specified retirement income of an individual who is at least 70 years old or who is totally disabled; reducing the amount of retirement income allowed as a subtraction modification by the amount of Social Security benefits received; providing that the amount of the subtraction modification may not exceed specified amounts during specified taxable years; applying the Act to taxable years after December 31, 2011; etc.

Income Tax - Subtraction Modification - Retirement Income

Sen. Nancy King [D]	Sen. Allan Kittleman [R]	Sen. Katherine Klausmeier [D]	Sen. Bryan Simonaire [R]
Sen. Norman Stone [D]	Sen. Ronald Young [D]

Date	Chamber	Action
2012-03-07		Hearing 3/13 at 1:30 p.m.
2012-03-07		Hearing cancelled
2012-02-08		Hearing 3/13 at 1:00 p.m.
2012-02-03		First Reading Budget and Taxation

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0752.htm
Text	http://mlis.state.md.us/2012rs/bills/sb/sb0752f.pdf