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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Income Tax - Subtraction Modification - COVID-19-Related Distribution of Retirement Income
Sponsored by
Senator Corderman
Status
In the Senate - Hearing 3/03 at 1:00 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Allowing a subtraction modification under the Maryland income tax for taxable years 2020, 2021, and 2022 for income that is the result of certain COVID-19-related distributions of retirement income during certain taxable years; prohibiting the subtraction from exceeding $100,000 in a taxable year; etc.
Details
Emergency Bill
Cross-filed with: HB1177
Bill File Type: Regular
Effective Date(s): Upon Enactment
Legislation History
Chamber
Senate
Calendar Date
2/09/2021
Legislative Date
2/09/2021
Action
First Reading Budget and Taxation
Proceedings
Chamber
Senate
Calendar Date
2/11/2021
Legislative Date
2/11/2021
Action
Hearing 3/03 at 1:00 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
Senate 2/09/2021 2/09/2021 First Reading Budget and Taxation
Text - First - Income Tax - Subtraction Modification - COVID-19-Related Distribution of Retirement Income
Senate 2/11/2021 2/11/2021 Hearing 3/03 at 1:00 p.m.
Last Updated: 4/1/2021 6:26 PM
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