SENATE BILL 135

File Code: Taxes - Income Prior Year Introduction As: SB 89/03 - B&T Crossfiled with: HOUSE BILL 1173

Sponsored By:

Senator Stone

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

Senate Action

1/22

First Reading Budget and Taxation

1/28

Hearing 2/4 at 1:00 p.m.

2/9

Unfavorable Report by Budget and Taxation

House Action

No Action

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