SB0059

Find a 2014 Bill:

2014 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Payroll Taxes on Employee Tips

Sponsored by:

Senator Mathias

Status:

In the Senate - Hearing 1/29 at 1:45 p.m.


Synopsis:Providing a subtraction modification under the Maryland individual and corporate income tax in the amount of the reduction of a federal income tax deduction for social security and Medicare taxes paid on behalf of employees that receive tips; applying the Act to taxable years beginning after December 31, 2013; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Mathias
Additional Facts:Cross-filed with: HB0387
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2014
Committee(s):
Budget and Taxation   View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Corporations -see also- Municipal Corps; Public Corps & Inst
Exemptions
Gratuities
Income Tax
Statutes:

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


October 2, 2015 9:05 A.M.