File Code: Income
Crossfiled with: SENATE BILL 562
- Sponsored By:
-
Delegates Ports, Amedori, Baldwin, Bartlett, Boschert, Boutin,
Brinkley, Cryor, Eckardt, Edwards, Elliott, Flanagan, Getty, Glassman,
Greenip, Hutchins, Kach, J. Kelly, Kittleman, Klima, La Vay, Leopold,
McClenahan, McKee, D. Murphy, O'Donnell, Parrott, Ports, Redmer,
Rzepkowski, Schisler, Shank, Snodgrass, Stocksdale, Stull, and Walkup
- Entitled:
-
Income Tax Reduction
Reducing the top marginal tax rate under the Maryland State income tax
on individuals to 4.8% for tax year 1999 and to 4.75% for tax years
2000 and 2001; increasing the amount that an individual may deduct for
specified exemptions to determine Maryland taxable income to $2,100
for tax year 1999 and to $2,400 for tax years 2000 and 2001; reducing
the maximum amount of a subtraction allowed for two-income married
couples to $1,125 for tax year 1999 and to $1,105 for tax years 2000
and 2001; etc.
House Action
- 2/12
- First Reading Ways and Means
- 2/24
- Hearing 3/18 at 1:00 p.m.
Senate Action
- No Action
- Sponsored by:
- Delegate James F. Ports, Jr., District 8
- Delegate Carmen Amedori, District 5
- Delegate Robert C. Baldwin, District 33
- Delegate Joseph R. Bartlett, District 3
- Delegate David Boschert, District 33
- Delegate Charles R. Boutin, District 34
- Delegate David R. Brinkley, District 4A
- Delegate Jean B. Cryor, District 15
- Delegate Adelaide C. Eckardt, District 37B
- Delegate George C. Edwards, District 1A
- Delegate Donald B. Elliott, District 4B
- Delegate Robert L. Flanagan, District 14B
- Delegate Joseph M. Getty, District 5
- Delegate Barry Glassman, District 35A
- Delegate Janet Greenip, District 33
- Delegate Thomas E. Hutchins, District 28
- Delegate A. Wade Kach, District 9A
- Delegate James M. Kelly, District 9B
- Delegate Robert H. Kittleman, District 14B
- Delegate Martha S. Klima, District 9A
- Delegate Richard La Vay, District 15
- Delegate John R. Leopold, District 31
- Delegate Charles A. McClenahan, District 38
- Delegate Robert A. McKee, District 2A
- Delegate Donald E. Murphy, District 12A
- Delegate Anthony J. O'Donnell, District 29C
- Delegate Joanne S. Parrott, District 35A
- Delegate Alfred W. Redmer, Jr., District 8
- Delegate James E. Rzepkowski, District 32
- Delegate Kenneth D. Schisler, District 37B
- Delegate Christopher B. Shank, District 2B
- Delegate Louise V. Snodgrass, District 3
- Delegate Nancy Reter Stocksdale, District 5
- Delegate Paul S. Stull, District 4A
- Delegate Mary Roe Walkup, District 36
- Bill indexed under the following Subjects:
- EXEMPTIONS
- INCOME TAX
- Bill affects the following Statutes:
- Tax - General
- (
10-105 ,
10-207 ,
10-211
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered