HOUSE BILL 1138

File Code: Taxes - Income Crossfiled with: SENATE BILL 694

Sponsored By:

Delegates Eckardt and Walkup

Entitled:

Income Tax - Subtraction for Retirement Income

Synopsis:

Including income from a qualified retirement plan within the subtraction modification allowed under the income tax for specified retirement income of an individual who is at least 65 years old or who is totally disabled or whose spouse is totally disabled; and applying the Act to tax years after 1995.

Legislative History

House Action

2/8

First Reading Ways and Means

2/21

Hearing 3/12 at 1:00 p.m.

3/19

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Adelaide C. Eckardt, District 37B

Delegate Mary Roe Walkup, District 36

Bill indexed under the following Subjects:

DISABILITIES -see also- BLIND PERSONS, DEAF PERSONS

ELDERLY PERSONS

EXEMPTIONS

INCOME TAX

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

Bill affects the following Statute:

Tax - General

( 10-209 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available