- Income Tax - Subtraction Modification - First-Time Homebuyer Savings Accounts
- Sponsored by
- Delegates Hixson, Afzali, Carr, Cullison, Ebersole, Fennell, Gutierrez, C. Howard, Kaiser, Luedtke, Moon, Platt, S. Robinson, and Turner
- In the House - Hearing 3/10 at 1:00 p.m.
- Fiscal and Policy Note
Allowing a subtraction modification under the Maryland income tax for contributions to a specified first-time homebuyer savings account during a taxable year and specified earnings on the account; providing that an account holder may claim the subtraction modification under specified circumstances; providing that transfers of money to or from the account are subject to specified requirements and limitations; applying the Act to all taxable years beginning after December 31, 2014; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2015
|Date Posted||Document Name|
|2/13/2015||Text - First - Income Tax - Subtraction Modification - First-Time Homebuyer Savings Accounts|
( 10-208 )
Last Updated: 2/3/2020 2:29 PM