HOUSE BILL 413

File Code: Taxes - Income

Sponsored By:

Delegate Howard

Entitled:

Income Tax - Subtraction Modification for Retirement Income of Public School Teachers

Synopsis:

Providing an income tax subtraction modification for retirement income received by an individual that is attributable to employment as a public school teacher in the State; providing that retirement income that is included in the subtraction may not be taken into account for purposes of the income tax subtraction modification for specified retirement income of individuals who are at least 65 years old or who are disabled or have disabled spouses; etc.

History by Legislative Date

House Action

1/28

First Reading Ways and Means

2/6

Hearing 2/21 at 1:00 p.m.

3/4

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

EXEMPTIONS

INCOME TAX

RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT

TEACHERS

Bill affects the following Statutes:

Tax - General

( 10-207 , 10-209 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered