2002 Regular Session

SENATE BILL 399

File Code: Taxes - Income Prior Year Introduction As: SB 152/01 - B&T
Sponsored By:
Senator Stone
Entitled:
Income Tax - Subtraction Modification for Retirement Income - Rollovers to Individual Retirement Accounts

Synopsis:

Including income from specified retirement plans within a specified subtraction modification allowed under the Maryland income tax for specified retirement income under specified circumstances; providing for the application of the Act; and generally relating to an income tax subtraction modification for specified retirement income.

History by Legislative Date

Senate Action
1/30
First Reading Budget and Taxation
2/5
Hearing 2/13 at 1:30 p.m.
2/18
Favorable Report by Budget and Taxation
2/20
Favorable Report Adopted
Second Reading Passed
2/22
Third Reading Passed (39-0)
4/5
Returned Passed
5/15
Governor vetoed - Policy
House Action
2/25
First Reading Ways and Means
3/20
Hearing 3/27 at 1:00 p.m.
4/5
Favorable Report by Ways and Means
4/3
Favorable Report Adopted
Second Reading Passed
4/4
Third Reading Passed (133-0)
Bill indexed under the following Subjects:
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
ELDERLY PERSONS
EXEMPTIONS
INCOME TAX
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
Bill affects the following Statute:
Tax - General
( 10-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
Senate
February 22, 2002: Third Reading Passed (39-0)
House
April 4, 2002: Third Reading Passed (133-0)