Legislation

Altering the State income tax rate to 3.5% for individuals with Maryland taxable income in excess of $30,000; altering the county income tax rate to 2.3% on all Maryland taxable income of individuals; and applying the Act to taxable years beginning after December 31, 2014.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2014

Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit

History

Legislation History
Chamber House Calendar Date 1/21/2014 Legislative Date 1/22/2014 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/29/2014 Legislative Date 1/29/2014 Action Hearing 2/18 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/21/2014	1/22/2014	First Reading Ways and Means
House	1/29/2014	1/29/2014	Hearing 2/18 at 1:00 p.m.

Documents

Date Posted	Document Name
1/22/2014	Text - First - Income Tax - Flat Tax

File Code

Subjects

Statutes