SB0766 (CH0024)

Find a 2016 Bill:

2016 Regular Session



Local Income Tax - Overpayments, Underpayments, and Wynne Repayments - Local Reserve Account Repayment

Sponsored by:

Senator Madaleno


Enacted under Article II, Section 17(b) of the Maryland Constitution - Chapter 24

Synopsis:Requiring the Comptroller to pay a county or municipal corporation that receives an underpayment of local income tax revenue from the Local Reserve Account; requiring a county or municipal corporation that receives a specified overpayment of local income tax revenue to repay the Local Reserve Account in a specified manner; requiring the Attorney General to review the U.S. Supreme Court decision, Maryland State Comptroller v. Brian Wynne, and advise the Comptroller about payment of prior year income tax refunds and interest; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Madaleno, Kagan, King, Manno, and Peters
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2016
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
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
State Government - Agencies, Offices, and Officials
Narrow Subject(s):Attorney General
Counties -see also- Chartered Counties; Code Counties
Income Tax
Municipal Corporations -see also- Annap; Balt; Hager; OC
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Tax - General
Article - Chapter of the Acts

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Explanation of Floor Motions and Actions

October 24, 2017 5:10 P.M.