2001 Regular Session

SENATE BILL 581

File Code: Taxes - Income Prior Year Introduction As: SB 285/00 - B&T
Sponsored By:
Senators Hafer, Ferguson, Harris, Hooper, Jacobs, Madden, McCabe, Mooney, Roesser, and Stoltzfus
Entitled:
Income Tax - Subtraction for Retirement Income

Synopsis:

Altering the computation of a subtraction modification allowed under the Maryland income tax for income from an employee retirement system included in federal adjusted gross income of individuals who are at least 65 years old or who are disabled or whose spouses are disabled; and applying the Act to tax years after 2000.

History by Legislative Date

Senate Action
2/2
First Reading Budget and Taxation
2/14
Hearing 3/14 at 1:30 p.m.
3/19
Unfavorable Report by Budget and Taxation
House Action
No Action
Sponsored by:
Senator John J. Hafer, District 1
Senator Timothy R. Ferguson, District 4
Senator Andrew P. Harris, District 9
Senator J. Robert Hooper, District 35
Senator Nancy Jacobs, District 34
Senator Martin G. Madden, District 13
Senator Christopher J. McCabe, District 14
Senator Alexander X. Mooney, District 3
Senator Jean W. Roesser, District 15
Senator J. Lowell Stoltzfus, District 38
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