SB0321

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Income Tax - Subtraction Modification - Military Retirement Income

Sponsored by:

President

Status:

In the Senate - Hearing 2/22 at 1:00 p.m.


Synopsis:Phasing out, over specified taxable years, the limitation on the amount of specified military retirement income that may be subtracted from federal adjusted gross income for Maryland income tax purposes.
Analysis:Fiscal and Policy Note
All Sponsors:The President (By Request - Administration) and Senators Bates, Cassilly, Eckardt, Edwards, Hershey, Hough, Jennings, Mathias, Norman, Ready, Salling, Serafini, Simonaire, and Waugh
Additional Facts:Cross-filed with: HB0375
Bill File Type: Regular
Effective Date(s): July 1, 2018
By Request of the Governor
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Armed Forces -see also- Military Department; Veterans
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Veterans
Statutes:Article - Tax - General
(10-207)

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Legislative Lingo

Explanation of Floor Motions and Actions


October 24, 2017 9:16 A.M.