2004 Regular Session

HOUSE BILL 1347

File Code: Taxes - Income Prior Year Introduction As: HB 500/03 - W&M
Sponsored By:
Delegates Healey and Hixson
Entitled:
Individual Income Tax - Rates

Synopsis:

Increasing to 6% the top marginal individual State income tax rate for tax years 2004 through 2006, applicable to taxable income in excess of $200,000 for single individuals and applicable to taxable income in excess of $250,000 for joint returns, heads of households, and surviving spouses; requiring the Comptroller to issue new employer withholding tables reflecting the new rates and rate brackets; requiring the Comptroller to waive specified interest and penalty for tax year 2004; etc.

History by Legislative Date

House Action
2/18
First Reading House Rules and Executive Nominations
3/1
Re-referred Ways and Means
3/3
Hearing 3/10 at 1:00 p.m.
Senate Action
No Action
Sponsored by:
Delegate Anne Healey, District 22
Delegate Sheila E. Hixson, District 20
Bill indexed under the following Subjects:
COMPTROLLER
INCOME TAX
INTEREST
PENALTIES
PUBLICATIONS -see also- MARYLAND REGISTER
Bill affects the following Statutes:
Tax - General
( 10-105 , 10-105 )

Documents:

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