1996 Regular Session

HOUSE BILL 1152

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

Synopsis:

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.

Legislative History

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 )

Documents:

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

Amendments: None available