- Title
- Local Tax Relief for Working Families Act of 2021
- Sponsored by
- Delegate Palakovich Carr
- Status
- In the Senate - First Reading Budget and Taxation
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing to 2.25% the minimum rate a county shall impose on an individual's Maryland taxable income; requiring a county, with regard to any increase to its county income tax rate that is effective on or after January 1, 2022, to impose the increase on an income bracket basis; authorizing a county to request information from the Comptroller to assist in determining income brackets and income tax rates that are revenue-neutral for the county; applying the Act to all taxable years beginning after December 31, 2021; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
- Opposite:
- Budget and Taxation
Committee Testimony
Details
History
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File Code
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Subjects
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Statutes
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Last Updated: 3/2/2021 11:23 AM