1996 Regular Session

HOUSE BILL 462

File Code: Taxes - Income
Sponsored By:
Delegate Barve
Entitled:
Income Tax - Part-Year Residents - Proration of Modifications and Deductions

Synopsis:

Repealing the authority of the Comptroller to require that part-year residents use a method to prorate addition and subtraction modifications and deductions used to determine Maryland taxable income other than the statutorily prescribed method based on the number of months of the year the part-year resident was a resident; and applying the Act to taxable years beginning after December 31, 1995.

Legislative History

House Action
1/29
First Reading Ways and Means
2/7
Hearing 2/21 at 11:00 a.m.
3/4
Unfavorable Report by Ways and Means
Senate Action
No Action
Bill indexed under the following Subjects:
COMPTROLLER
EXEMPTIONS
INCOME TAX
NONRESIDENTS -see also- ALIENS
Bill affects the following Statute:
Tax - General
( 10-220 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)

Amendments: None available