2000 Regular Session

SENATE BILL 319

File Code: Taxes - Income
Sponsored By:
Senators Stone and Della
Entitled:
Income Tax - Subtraction Modification for Retirement Income - Rollovers to Qualified Retirement Plans

Synopsis:

Including income from a qualified retirement plan as defined in the Internal Revenue Code within the subtraction modification allowed under the Maryland income tax for retirement income from an employee retirement system to the extent that contributions to the qualified retirement plan consisted of the tax-free rollover of a distribution from an employee retirement system; applying the Act to tax years after 1999; etc.

History by Legislative Date

Senate Action
2/2
First Reading Budget and Taxation
Hearing 2/16 at 1:30 p.m.
4/8
Referred to interim study by Budget and Taxation
House Action
No Action
Sponsored by:
Senator Norman R. Stone, Jr., District 7
Senator George W. Della, Jr., District 47
Bill indexed under the following Subjects:
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
ELDERLY PERSONS
EXEMPTIONS
INCOME TAX
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
Bill affects the following Statute:
Tax - General
( 10-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered