2000 Regular Session

SENATE BILL 427

File Code: Taxes - Income Prior Year Introduction As: HB 196/99 - W&M
Sponsored By:
Senators Jacobs, Hafer, Astle, Blount, Colburn, and Mooney
Entitled:
Income Tax - Subtraction Modification for Military Retirement Income

Synopsis:

Expanding the subtraction modification under the Maryland income tax to include all military retirement income received by an individual during the taxable year; and applying the Act to tax years after 1999.

History by Legislative Date

Senate Action
2/4
First Reading Budget and Taxation
2/9
Hearing 2/16 at 1:30 p.m.
3/24
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator Nancy Jacobs, District 34
Senator John C. Astle, District 30
Senator Clarence W. Blount, District 41
Senator Richard F. Colburn, District 37
Senator John J. Hafer, District 1
Senator Alexander X. Mooney, District 3
Bill indexed under the following Subjects:
ARMED FORCES -see also- MILITIA
EXEMPTIONS
INCOME TAX
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
VETERANS
Bill affects the following Statutes:
Tax - General
( 10-207 , 10-207 )

Documents:

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