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Legislation


2012 Regular Session

SENATE BILL 847

File Code: Taxes - Income Crossfiled with: HOUSE BILL 917
Sponsored By:
Senator King
Entitled:
Income Tax - Subtraction Modification for Retirement Income

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; applying the Act to tax years after 2011; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/3
First Reading Budget and Taxation
2/8
Hearing 3/13 at 1:00 p.m.
3/7
Hearing cancelled
Hearing 3/13 at 1:30 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Disabilities -see also- Blind; Deaf; Developmental
Elderly Persons
Exemptions
Income Tax
Retirement Systems -see also- Mandatory Retirement

Bill affects the following Statute:

Tax - General
( 10-209 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
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