SB0659

2013 Regular Session

 

Entitled:

Income Tax - Subtraction Modification for Retirement Income

Sponsored by:

Senator King

Status:

In the Senate - Hearing 3/06 at 1:00 p.m.


Synopsis:Altering the calculation of the maximum subtraction modification allowed under the Maryland income tax for specified retirement income under specified circumstances; including income from specified rollover individual retirement accounts in the subtraction modification under specified circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators King, Currie, Manno, and Simonaire
Additional Facts:Cross-filed with: HB0743
Introduced in a prior session as: SB0847 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2013
Committee(s):
Budget and Taxation  Listen to Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Disabilities -see also- Blind; Deaf; Developmental
Elderly Persons
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement
Statutes:Article - Tax - General
(10-209)

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Legislative Lingo

Explanation of Floor Motions and Actions


October 2, 2015 9:12 A.M.