File Code: Taxes - Income
Crossfiled with: HOUSE BILL 53
- Sponsored By:
-
Senators Astle, Colburn, DeGrange, Dorman, Dyson, Ferguson,
Green, Hafer, Haines, Harris, Hooper, Jacobs, Mooney, Neall, Roesser,
Sfikas, Stone, Teitelbaum, and Kittleman
- Entitled:
-
Income Tax - Subtraction Modification - Military Retirement Income
Increasing the amount of the subtraction modification under the
Maryland income tax for military retirement income to 100% of the
military retirement income received in a taxable year; removing
requirements that the individual be at least 55 years old and have
been an enlisted member at the time of retirement; removing income
restrictions on the subtraction; applying the Act to taxable years
beginning after December 31, 2001; etc.
Senate Action
- 1/16
- First Reading Budget and Taxation
- Hearing 1/30 at 1:30 p.m.
- 2/18
- Unfavorable Report by Budget and Taxation
House Action
- No Action
- Sponsored by:
- Senator John C. Astle, District 30
- Senator Richard F. Colburn, District 37
- Senator James E. DeGrange, Sr., District 32
- Senator Arthur Dorman, District 21
- Senator Roy P. Dyson, District 29
- Senator Timothy R. Ferguson, District 4
- Senator Leo E. Green, District 23
- Senator John J. Hafer, District 1
- Senator Larry E. Haines, District 5
- Senator Andrew P. Harris, District 9
- Senator J. Robert Hooper, District 35
- Senator Nancy Jacobs, District 34
- Senator Robert H. Kittleman, Senator, District 14
- Senator Alexander X. Mooney, District 3
- Senator Robert R. Neall, District 33
- Senator Jean W. Roesser, District 15
- Senator Perry Sfikas, District 46
- Senator Norman R. Stone, Jr., District 7
- Senator Leonard H. Teitelbaum, District 19
- 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
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered