Legislation - SB0048

Title: Income Tax - Subtraction Modification - Living Organ Donors
Sponsored by: Senators Young, Benson, Corderman, Elfreth, Feldman, Klausmeier, Patterson, Salling, and Waldstreicher
Status: In the Senate - Hearing 1/14 at 11:00 a.m.
Analysis: Fiscal and Policy Note

Synopsis

Increasing, from $7,500 to $10,000, the amount of a subtraction modification under the Maryland income tax for certain expenses paid or incurred by an individual that are attributable to the individual's donation of an organ; altering the definition of "qualified expenses" for purposes of the subtraction modification to include unreimbursed expenses for child care, elder care, and medication; applying the Act to taxable years beginning after December 31, 2020; etc.

Committees

Original:: Budget and Taxation

Details

Cross-filed with: HB0010

Introduced in a prior session as: SB0651 Session: 2020 Regular Session

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2021

History

Legislation History
Chamber Senate Calendar Date 8/31/2020 Legislative Date 8/31/2020 Action Pre-filed Proceedings
Chamber Senate Calendar Date 1/13/2021 Legislative Date 1/13/2021 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 12/22/2020 Legislative Date 12/22/2020 Action Hearing 1/14 at 11:00 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Subtraction Modification - Living Organ Donors Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	8/31/2020	8/31/2020	Pre-filed
Senate	1/13/2021	1/13/2021	First Reading Budget and Taxation
Senate	12/22/2020	12/22/2020	Hearing 1/14 at 11:00 a.m.
			Text - First - Income Tax - Subtraction Modification - Living Organ Donors

File Code

Subjects

Statutes