2002 Regular Session

SENATE BILL 488

File Code: Taxes - Income
Sponsored By:
Senator Neall
Entitled:
Income Tax - Retirement Income and Charitable Contributions

Synopsis:

Altering the computation of a subtraction modification allowed under Maryland income tax for specified retirement income of an individual who is at least 65 years of age or who is disabled or whose spouse is disabled; providing an individual a credit against the State income tax in a specified amount for specified charitable contributions made to community foundations; etc.

History by Legislative Date

Senate Action
2/1
First Reading Budget and Taxation
2/13
Hearing 3/6 at 1:30 p.m.
2/19
Hearing cancelled
Hearing 3/14 at 1:30 p.m.
2/21
Hearing cancelled
Hearing 3/12 at 1:30 p.m.
2/28
Hearing cancelled
Hearing 3/13 at 1:30 p.m.
3/19
Withdrawn
House Action
No Action
Bill indexed under the following Subjects:
DISABILITIES -see also- BLIND; DEAF; DEVELOPMENTAL
ELDERLY PERSONS
EXEMPTIONS
GIFTS
INCOME TAX
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
Tax - General
( 10-209 , 10-218 , 10-724 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered