File Code: Income
Prior Year Introduction As: HB 770/95 - W&M
- Sponsored By:
-
Senators Stone, Blount, Colburn, Collins, Conway, Dyson, Exum,
Ferguson, Haines, Jacobs, Kelley, Teitelbaum, Della, and Sfikas
- Entitled:
-
Income Tax - Retirement Income
Reducing from 65 to 62 years the minimum age at which an individual is
eligible for a subtraction modification under the Maryland income tax
for specified retirement income; and applying the Act to tax years
after 1998.
Senate Action
- 1/29
- First Reading Budget and Taxation
- 2/10
- Hearing 2/24 at 1:30 p.m.
- 3/15
- Unfavorable Report by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator Norman R. Stone, Jr., District 7
- Senator Clarence W. Blount, District 41
- Senator Richard F. Colburn, District 37
- Senator Michael J. Collins, District 6
- Senator Joan Carter Conway, District 43
- Senator George W. Della, Jr., District 47
- Senator Roy P. Dyson, District 29
- Senator Nathaniel Exum, District 24
- Senator Timothy R. Ferguson, District 4
- Senator Larry E. Haines, District 5
- Senator Nancy Jacobs, District 34
- Senator Delores G. Kelley, District 10
- Senator Perry Sfikas, District 46
- Senator Leonard H. Teitelbaum, District 19
- Bill indexed under the following Subjects:
- ELDERLY PERSONS
- EXEMPTIONS
- INCOME TAX
- RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
- Bill affects the following Statutes:
- State Government
- (
9-914
)
- Tax - General
- (
10-209
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered