MD SB847 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
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]
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]
Summary
Altering the calculation of the maximum subtraction modification allowed under the Maryland income tax for specified retirement income under specified circumstances; including income from specified rollover individual retirement accounts in the subtraction modification under specified circumstances; applying the Act to tax years after 2011; etc.
Title
Income Tax - Subtraction Modification for Retirement Income
Sponsors
| Sen. Nancy King [D] |
History
| 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 |
Subjects
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0847.htm |
| Text | http://mlis.state.md.us/2012rs/bills/sb/sb0847f.pdf |
