HOUSE BILL 363

File Code: Taxes - Income Prior Year Introduction As: HB 931/01 - W&M Crossfiled with: SENATE BILL 409

Sponsored By:

Delegates Love, Taylor, and Busch

Entitled:

Income Tax - U.S. Government Employees' Foreign Earned Income

Synopsis:

Providing a subtraction modification under the Maryland income tax for foreign earned income, as defined, of an individual earned as an employee of the United States or an agency of the United States; limiting the subtraction to $20,000 for any taxable year; and applying the Act to tax years after 2001.

History by Legislative Date

House Action

1/25

First Reading Ways and Means

2/6

Hearing 2/20 at 3:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Mary Ann E. Love, District 32

Delegate Michael E. Busch, District 30

Delegate Casper R. Taylor, Jr., District 1C

Bill indexed under the following Subjects:

EXEMPTIONS

FEDERAL GOVERNMENT

INCOME TAX

INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE

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