HOUSE BILL 1173

File Code: Taxes - Income Prior Year Introduction As: SB 89/03 - B&T Crossfiled with: SENATE BILL 135

Sponsored By:

Delegates McMillan, Cluster, C. Davis, Fulton, Goodwin, Minnick, Paige, and Weir

Entitled:

Income Tax - Subtraction Modification for Retirement Income - Rollovers to Individual Retirement Accounts

Synopsis:

Including income from specified retirement plans within a specified subtraction modification allowed under the Maryland income tax for specified retirement income under specified circumstances; providing for the application of the Act; and generally relating to an income tax subtraction modification for specified retirement income.

History by Legislative Date

House Action

2/13

First Reading Ways and Means

3/3

Hearing 3/17 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Herb McMillan, District 30

Delegate John W. E. Cluster, Jr., District 8

Delegate Clarence Davis, District 45

Delegate Tony E. Fulton, District 40

Delegate Marshall T. Goodwin, District 40

Delegate Joseph J. Minnick, District 6

Delegate Jeffrey A. Paige, District 44

Delegate Michael H. Weir, Jr., District 6

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