HB1645

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Retirement Income

Sponsored by:

Delegate Gilchrist

Status:

In the House - Hearing 3/07 at 1:00 p.m.


Synopsis:Altering the calculation of the maximum subtraction modification allowed under the Maryland income tax for certain retirement income for certain taxable years; repealing a certain obsolete provision relating to a rollover IRA retirement plan; including income from an individual retirement account or a certain annuity within a certain subtraction modification for certain retirement income under certain circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Gilchrist, Barkley, and Kipke
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2018
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Statutes:Article - Tax - General
(10-209)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


March 8, 2018 9:27 A.M.