SB0318 (CH0577)

Find a 2018 Bill:

2018 Regular Session



Income Tax – Standard Deduction – Alteration and Cost–of–Living Adjustments

Sponsored by:

Senator Kasemeyer


Approved by the Governor - Chapter 577

Synopsis:Altering the determination of the amount of the standard deduction allowed for an individual under the Maryland income tax; altering the minimum and maximum limitation amounts of certain standard deductions allowed under the Maryland income tax for certain taxable years by a certain cost-of-living adjustment; applying the Act to all taxable years beginning after December 31, 2017; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Kasemeyer, Madaleno, Serafini, Currie, Bates, DeGrange, Eckardt, Ferguson, Edwards, Guzzone, Hershey, King, Hough, McFadden, Jennings, Peters, Norman, Ready, Reilly, Salling, Simonaire, and Waugh
Additional Facts:Cross-filed with: HB1190
Bill File Type: Regular
Effective Date(s): July 1, 2018
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Income Tax
Statutes:Article - Tax - General

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

May 18, 2018 3:56 P.M.