File Code: Taxes - Income
- Sponsored By:
-
Senators Cade, Hogan, McCabe, Madden, Stoltzfus, Boozer, Hafer, Munson,
Roesser, Haines, Craig, Ferguson, Middlebrooks, Colburn, and Derr
- Entitled:
-
Income Tax Rate Reduction
Reducing the top marginal tax rate under the Maryland income tax on
individuals to 4.75% for tax years 1997 and 1998, 4.6% for tax year
1999, and 4.5% for tax years after 1999; repealing the requirements
that the counties have a county income tax measured by the State
income tax of residents of the county; authorizing the counties to
impose a county income tax at not more than 3% on the Maryland taxable
income of residents of the county; etc.
Senate Action
- 2/2
- First Reading Budget and Taxation
- 2/28
- Hearing 3/15 at 12:00 p.m.
- 3/6
- Hearing cancelled
- Hearing 3/15 at 2:00 p.m.
House Action
- No Action
- Sponsored by:
- Senator John A. Cade, District 33
- Senator F. Vernon Boozer, District 9
- Senator Richard Colburn, District 37
- Senator David R. Craig, District 34
- Senator John W. Derr, District 3
- Senator Timothy R. Ferguson, District 4
- Senator John J. Hafer, District 1
- Senator Larry E. Haines, District 5
- Senator Patrick J. Hogan, District 39
- Senator Martin G. Madden, District 13
- Senator Christopher J. McCabe, District 14
- Senator Edward Middlebrooks, District 32
- Senator Donald F. Munson, District 2
- Senator Jean W. Roesser, District 15
- Senator J. Lowell Stoltzfus, District 38
- Bill indexed under the following Subjects:
- COMPTROLLER
- COUNTIES
- INCOME TAX
- Bill affects the following Statutes:
- Tax - General
- (
2-106 ,
10-102.1 ,
10-103 ,
10-105 ,
10-106 ,
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