1997 Regular Session

HOUSE BILL 654

File Code: Income
Sponsored By:
Delegate Beck
Entitled:
Income Tax - Elderly Taxpayers

Synopsis:

Providing a subtraction modification under the Maryland income tax for the first $50,000 of Maryland adjusted gross income of an individual if the individual, of either spouse in the case of a married couple filing a joint income tax return, is at least 80 years old on the last day of the taxable year and has paid Maryland income taxes for each of 5 consecutive taxable years immediately preceding the taxable year; and applying the Act to taxable years after 1996.

Legislative History

House Action
1/30
First Reading Ways and Means
2/12
Hearing 2/25 at 1:00 p.m.
2/13
Hearing cancelled
2/19
Hearing 3/4 at 1:00 p.m.
3/10
Unfavorable Report by Ways and Means
Senate Action
No Action
Bill indexed under the following Subjects:
ELDERLY PERSONS
EXEMPTIONS
INCOME TAX
Bill affects the following Statutes:
Tax - General
( 10-207 , 10-207 )

Documents:

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