File Code: Income
- Sponsored By:
-
Delegates Klausmeier, Minnick, Finifter, K. Kelly, Ports,
Hammen, DeCarlo, and Redmer
- Entitled:
-
Maryland Income Tax - Military Retirement Income
Increasing from $2,500 to $5,000 the maximum amount allowed under the
income tax subtraction modification for military retirement income
received by specified individuals; increasing from $17,500 to $32,000
the level of federal adjusted gross income above which the maximum
subtraction is reduced; applying the Act to tax years after 1998; etc.
House Action
- 2/11
- First Reading Ways and Means
- 2/24
- Hearing 3/11 at 1:00 p.m.
- 3/22
- Unfavorable Report by Ways and Means
Senate Action
- No Action
- Sponsored by:
- Delegate Katherine Klausmeier, District 8
- Delegate Diane DeCarlo, District 6
- Delegate Michael J. Finifter, District 11
- Delegate Peter A. Hammen, District 46
- Delegate Kevin Kelly, District 1B
- Delegate Joseph J. Minnick, District 7
- Delegate James F. Ports, Jr., District 8
- Delegate Alfred W. Redmer, Jr., District 8
- Bill indexed under the following Subjects:
- ARMED FORCES -see also- MILITIA
- ELDERLY PERSONS
- EXEMPTIONS
- INCOME TAX
- RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
- Bill affects the following Statute:
- Tax - General
- (
10-207
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered