File Code: Taxes - Income
- Sponsored By:
-
Delegates Hixson, Rawlings, Guns, Busch, Arnick, W. Baker, Bozman,
Clagett, Conway, Curran, Dewberry, Dypski, Finifter, Franchot, Frank,
Fry, Gordon, Hammen, Harrison, Hecht, Hurson, Klausmeier, Malone,
Minnick, V. Mitchell, Mohorovic, Morhaim, Owings, Perry, Rudolph,
Slade, Vallario, Wood, Branch, and B. Hughes
- Entitled:
-
Income Tax Reform
Reducing the top marginal tax rate under the Maryland income tax on
individuals to 4.95% for tax year 1997, 4.85% for tax year 1998, and
4.75% for tax years after 1998; increasing the amount that an
individual may deduct for specified exemptions to determine Maryland
taxable income, to $1,550 for tax year 1997, $1,750 for tax year 1998,
and $2,200 for tax years after 1998; decoupling the calculation of the
county income tax from the State income tax rate; etc.
House Action
- 2/9
- First Reading Ways and Means
- 2/21
- Hearing 3/6 at 1:00 p.m.
- 3/19
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Sheila Ellis Hixson, District 20
- Delegate John S. Arnick, District 7
- Delegate Wheeler R. Baker, District 36
- Delegate K. Bennett Bozman, District 38
- Delegate Talmadge Branch, District 45
- Delegate Michael Erin Busch, District 30
- Delegate Virginia P. Clagett, District 30
- Delegate Norman H. Conway, District 38
- Delegate Gerald J. Curran, District 43
- Delegate Thomas E. Dewberry, District 47B
- Delegate Cornell N. Dypski, District 46
- Delegate Michael J. Finifter, District 11
- Delegate Peter Franchot, District 20
- Delegate Robert L. Frank, District 11
- Delegate Donald C. Fry, District 35A
- Delegate Michael R. Gordon, District 17
- Delegate Ronald A. Guns, District 36
- Delegate Peter A. Hammen, District 46
- Delegate Hattie N. Harrison, District 45
- Delegate Sue Hecht, District 3
- Delegate Brenda B. Hughes, District 25
- Delegate John Adams Hurson, District 18
- Delegate Katherine Klausmeier, District 8
- Delegate James E. Malone, District 12A
- Delegate Joseph J. Minnick, District 7
- Delegate Van T. Mitchell, District 28
- Delegate Jacob J. Mohorovic, Jr., District 7
- Delegate Dan K. Morhaim, District 11
- Delegate George W. Owings, III, District 27B
- Delegate Marsha G. Perry, District 33
- Delegate Howard P. Rawlings, District 40
- Delegate David D. Rudolph, District 35B
- Delegate John F. Slade, III, District 29B
- Delegate Joseph F. Vallario, Jr., District 27A
- Delegate John F. Wood, Jr., District 29A
- Bill indexed under the following Subjects:
- COMPTROLLER
- COUNTIES
- EXEMPTIONS
- INCOME TAX
- Bill affects the following Statutes:
- Tax - General
- (
2-106 ,
10-102.1 ,
10-103 ,
10-105 ,
10-106 ,
10-211 ,
10-604 ,
10-704 ,
10-706 ,
10-706 ,
10-908
)
- Bill Text:
- First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
Amendments:
None available