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Legislation


2009 Regular Session

SENATE BILL 112

File Code: Taxes - Income Prior Year Introduction As: HB 549/08 - W&M
Sponsored By:
Senator Stone
Entitled:
Income Tax - Subtraction Modification - Military Retirement Income

Synopsis:

Removing the $5,000 limitation on the amount of specified military retirement income that may be subtracted from federal adjusted gross income for Maryland income tax purposes; applying the Act to taxable years beginning after December 31, 2008; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
Senate Action
1/15
First Reading Budget and Taxation
1/21
Hearing 2/4 at 1:00 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Armed Forces -see also- Militia
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Veterans

Bill affects the following Statutes:

Tax - General
( 10-207 , 10-207 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered