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