2001 Regular Session

HOUSE BILL 734

File Code: Taxes - Income Prior Year Introduction As: SB 183/99 - B&T
Sponsored By:
Delegates Ports, Getty, Klima, Parrott, Redmer, Rzepkowski, and Shank
Entitled:
Income Tax - Subtraction for Retirement Income

Synopsis:

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 2000.

History by Legislative Date

House Action
2/8
First Reading Ways and Means
2/14
Hearing 3/1 at 1:00 p.m.
3/26
Unfavorable Report by Ways and Means
Senate Action
No Action
Sponsored by:
Delegate James F. Ports, Jr., District 8
Delegate Joseph M. Getty, District 5
Delegate Martha S. Klima, District 9A
Delegate Joanne S. Parrott, District 35A
Delegate Alfred W. Redmer, Jr., District 8
Delegate James E. Rzepkowski, District 32
Delegate Christopher B. Shank, District 2B
Bill indexed under the following Subjects:
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