HOUSE BILL 279

File Code: Taxes - Income

Sponsored By:

Delegates Costa, Bartlett, Boschert, Dwyer, Elmore, Frank, Gilleland, McConkey, McKee, Smigiel, Sossi, and Weldon

Entitled:

Income Tax - Subtraction Modification for Contributions to Health Savings Account

Synopsis:

Allowing a subtraction modification under the Maryland individual and corporate income tax in an amount equal to 40% of the amount contributed by an employer for the taxable year to an employee health savings account under specified circumstances; and providing for the application of the Act to tax years beginning after December 31, 2004.

History by Legislative Date

House Action

1/26

First Reading Ways and Means

2/2

Hearing 2/16 at 1:00 p.m.

2/9

Hearing cancelled

Hearing 2/23 at 1:00 p.m.

4/11

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Robert A. Costa, District 33B

Delegate Joseph R. Bartlett, District 4A

Delegate David G. Boschert, District 33A

Delegate Donald H. Dwyer, Jr., District 31

Delegate D. Page Elmore, District 38A

Delegate William J. Frank, District 42

Delegate Terry R. Gilleland, Jr., District 32

Delegate Tony McConkey, District 33A

Delegate Robert A. McKee, District 2A

Delegate Michael D. Smigiel, Sr., District 36

Delegate Richard A. Sossi, District 36

Delegate Richard B. Weldon, Jr., District 3B

Bill indexed under the following Subjects:

EXEMPTIONS

HEALTH -see also- MENTAL HEALTH

INCOME TAX

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Tax - General

( 10-208 , 10-208 , 10-308 , 10-308 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered