Legislation
- Title
- Retire in Maryland Act of 2016
- Sponsored by
- Delegates Fisher, Arentz, Aumann, Buckel, Carozza, Cluster, Folden, Glass, Grammer, Hornberger, S. Howard, Kipke, Kittleman, Mautz, McComas, McConkey, McDonough, McKay, Morgan, O'Donnell, Parrott, Reilly, Rey, Rose, Saab, and B. Wilson
- Status
- In the House - Hearing 2/23 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Including income from specified retirement plans and unearned income sources within a subtraction modification allowed under the Maryland income tax for specified individuals who are at least 65 years old or who are disabled or whose spouse is disabled; repealing the limitation on the maximum amount allowed as a subtraction modification under the State income tax for specified retirement income; applying the Act to taxable years after December 31, 2015; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Introduced in a prior session as: HB0960 Session: 2015 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2016
History
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Documents
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Date Posted | Document Name |
---|---|
2/03/2016 | Text - First - Retire in Maryland Act of 2016 |
File Code
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Subjects
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Statutes
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(
10-209 )
Last Updated: 2/3/2020 2:29 PM